Category: Security & Hacks
Security stories matter because they reshape trust faster than almost any other kind of crypto headline.
TAC Protocol’s token fell about 82% in 24 hours to around $0.0056, wiping out most of its market value two months after a $2.8 million bridge hack, that the team reclassified as a white-hat incident. The token last traded at $0.005596, down 81.8% on the day, with its market cap also down to about $26.2…
The wider context is that enforcement, custody, and user security are becoming more central to how markets judge platforms and rails — not just side issues for compliance teams.
That means the lasting impact is often broader than the immediate incident count or headline number.
Bottom line: the real question is not only what happened, but how it changes trust, behavior, and institutional comfort with the system.
Source: https://www.cryptopolitan.com/tac-token-crashes-two-months-after-hack/
Source type: Approved crypto-news source
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