🔥 Poll: Can BTC Break Its ATH This Week?
ATH Recap: Bitcoin hit its ATH of $109,702.5 on Jan 20, 2025, followed by a consolidation phase.
Recent Trends: With easing geopolitical tensions, sustained institutional inflows, and improving market sentiment, BTC has shown strong upward momentum.
This Week’s Key Question: The market looks bullish, but the ATH remains a major resistance level.
🗳️ Share your take—let’s see where the market goes!
Tether blacklist handling latency resulted in $78 million USDT not being frozen in time.
Odaily News Blockchain compliance company AMLBot released a report stating that Tether has experienced latency when blacklisting suspect addresses, resulting in over $78 million USDT being transferred before the freezing took effect. This latency stems from Tether's multi-signature contract mechanisms on Ethereum and Tron, where the blacklisting process requires two multi-signature transaction confirmations, during which there is an average time difference of 44 minutes. During this window, attackers can monitor the blacklisting submission transactions in real-time and quickly transfer assets, thereby circumventing the freezing measures. The report points out that since 2017, about 170 Tron addresses have exploited this latency, with each address transferring nearly $290,000 on average before being formally blacklisted. This incident has raised questions about Tether's compliance enforcement efficiency. (Cointelegraph)