Security· ★★★· bearish·

Issuer Blacklists Recovered Nothing in 60 Crypto Exploits, Blockaid Finds

  • —$9.8 million recovered out of $1.18 billion traced from January to August
  • —All frozen or returned funds came via governance or validator action
  • —Issuer blacklists recovered no funds across the 60 exploits
Why it matters: The findings suggest stablecoin blacklists offer little relief to hack victims, strengthening the case for decentralized recovery mechanisms.
Source: The Defiant
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