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RE: The so called "new chip" on Credit Cards are now being hacked
It's ridiculous that most retailers still don't have the chip readers working. I think Walmart and Target are the only two places I've ever shopped that have required me to use the chip.
This wouldn't be a problem if they had just set a hard deadline and after that date the magnetic strip can no longer be used. But of course everyone wants to drag their feet and then blame everyone except themselves. I still have two cards that don't have a chip yet.
I think they want to drag their feet for a reason imho...They do have a deadline and if your card get compromised then the company has to pay you...That deadline was for the credit card companies. Now the banks are a different story bc they have until October to implement the chip for their customers...But this all goes well for the overall blockchain