Chainflip Resets TRON USDT Provider Balances to Zero After $736,000 Exploit
Chainflip will set affected liquidity providers’ active TRON $USDT balances to zero under a restart plan responding to the 736,442.17 $USDT exploit it disclosed on Sept. 12. The cross-chain swap protocol will first record each provider’s pre-migration balance separately on-chain, preserving the amount Chainflip says it owes even though the active account will read zero. ...