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Tether’s Blacklist Delay Costs $78M as Hackers Slip Through Cracks
Tether’s Blacklist Delay Costs $78M as Hackers Slip Through Cracks
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Another day, another crypto heist—only this time, the loophole was baked into the system. Hackers exploited a lag in Tether’s blacklist protocol to swipe $78M in USDT before the freeze could hit. Who needs brute force when bureaucracy does the job for you?
Security flaw or feature? The ’stable’ in stablecoin looking shaky as attackers outpace compliance yet again. Meanwhile, Wall Street still thinks blockchain is ’too risky’ while traditional banks lose billions to fraud annually. Priorities.
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