Partager cet article

Tether to Launch New Platform Following Hack

Tether, a startup that provides a dollar-pegged token, has said it plans to launch a new platform following a claimed security breach in November.

Mise à jour 13 sept. 2021, 7:18 a.m. Publié 21 déc. 2017, 11:00 a.m. Traduit par IA
Screen Shot 2017-12-21 at 7.19.37 AM

Tether, a Santa Monica-based startup that provides a dollar-pegged token, has said it plans to launch a new platform following a claimed security breach in November.

In a notice on its website, Tether lists some of the steps taken to recover from the hack that is claimed to have stolen $30 million-worth of its tokens, as well as updating users on how they can redeem funds that are still held on the platform.

STORY CONTINUES BELOW
Ne manquez pas une autre histoire.Abonnez vous à la newsletter Crypto Daybook Americas aujourd. Voir toutes les newsletters

As previously reported, following the breach, the Omni Foundation platform, which developed the bitcoin-based software protocol upon which Tether tokens are built, released a new version of the Omni Core software client that froze and "blacklisted" the stolen tokens.

Tether states:

"In this way, Omni could prevent them from being used at a protocol level. This action was not taken lightly and has allowed Tether to safeguard against any further potential disruptions to the ecosystem in an effort to protect the entire community."

According to the update, Tether has reopened "limited" wallet services to users since Tuesday, allowing them to start withdrawing funds held in their wallet, if so desired.

While few details were provided, Tether also announced it is developing a new platform and will be discontinuing its current wallet services and old addresses. New registrations to its platform are currently not being accepted.

The startup advises users to exchange their tether tokens on third-party exchanges, adding:

"To prevent against possible loss of funds, users should not attempt to deposit any funds to their old wallet or deposit addresses."

Tether is also working to update its terms and service based on community feedback, and that auditing firm Friedman LLP is still working on a full balance sheet audit, as of Sept. 30, 2017.

Concluding, the firm restated that its assets balances as listed on its website are accurate, declaring, "Any suggestion to the contrary is uninformed and baseless."

Hacked computer data image via Shutterstock

Plus pour vous

Protocol Research: GoPlus Security

GP Basic Image

Ce qu'il:

  • As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
  • GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
  • Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.

Plus pour vous

Bitcoin Swings Wildly as Fed's Powell Straddles Labor Market and Inflation Issues

Bitcoin (BTC) price on Dec. 10 (CoinDesk)

"Powell is threading the needle between their two mandates," said one analyst.

Ce qu'il:

  • Crypto prices were volatile on Wednesday, erasing much of their gains following the Fed's rate cut earlier.
  • In his post-meeting press conference, Fed Chair Jerome Powell took note of a labor market that might be weaker than previously thought, while also sounding cautious about gains made in fighting inflation.