bitcoin bridge security
Chainflip Hack Explained: Memo Exploits & BTC Bridge Security
Key Takeaways:On September 12, 2026, a Chainflip attacker drained 736,442.17 USDT in ~90 minutes across 8 escalating attempts by exploiting the protocol's Tron memo parsing logic — not any flaw in Tron itself or the USDT contract.The root cause was the absence of cryptographic binding