Cybersecurity Analysts Find Tether Double-Spending Vulnerability
Cointelegraph
Published Jun 28, 2018 07:14PM ET
Updated Jun 28, 2018 07:41PM ET
Cybersecurity Analysts Find Tether Double-Spending Vulnerability
Chinese private cybersecurity firm SlowMist has found a double-spending vulnerability in Tether (USDT) today, June 28.
SlowMist states in a tweet that they were able to send USDT to an unnamed exchange without correct field values on the transaction. This means that individuals may be credited for tokens without actually having sent them, leading to a double spend. Following the tweet from SlowMist, a founder of OmniLayer, the platform on which USDT was created, offered an explanation to the error:
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Written By: Cointelegraph
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