Aave limits users after Binance-linked attacker borrowed pre-safeguards
Aave was not hacked, but a Binance-linked attacker borrowed from the protocol before emergency controls were activated. The response halted new deposits while lenders withdrew, pushing up borrowing costs and raising questions about how much disruption emergency safeguards should impose on other users. Traders care because the episode highlights governance and risk-management risk for AAVE holders even without a direct exploit.