Tether’s bizarre recent history continues as developers report a hack worth over $30 million at market value. Tether: Huge Losses Counter Huge Issuance Following several weeks of increased issuance of Tether’s token USDT, which notionally acts as a US dollar replacement, a “malicious action” has removed almost 31 million from its Treasury wallet. “…We discovered that funds were improperly removed from the Tether treasury wallet through malicious action by an external attacker,” an announcement read
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