$31 Million Tether Hack Linked to 27,000 BTC in Previous Bitcoin Exchange Thefts
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[…] The post $31 Million Tether Hack Linked to 27,000 BTC in Previous Bitcoin Exchange Thefts appeared first on CryptoCoinsNews.
Tether, a cryptocurrency pegged 1-to-1 to the U.S. dollar, was allegedly hacked today to the tune of $31 million. Tether functions to convert U.S. dollars to a type of cryptocurrency. The project’s token (USDT) is pegged to the dollar and is used in exchange trading. The idea behind Tether is that instead of having to […]
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Blockchain technology’s disruptive force in business and commerce has been well documented. With strong momentum ensuing from its beginnings as the foundational technology supporting Bitcoin, distributed ledger technology shows great promise in terms of its potential impact on the future of our planet. One emerging enterprise at the nexus of these developments is The NAGA […]
With well over $3 billion raised this year alone, in very little time initial coin offerings (ICOs) have emerged as a major source of venture finance. Even companies that have already raised conventional venture funding will be tempted to raise additional funds through ICOs. Although not fully intuitive, some have labeled token issuances by entities […]
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The bitcoin price has officially achieved a new all-time high price at $8,100, surpassing its previous high at $8,050 established earlier this week. $10 Billion Awaiting to be Invested in Bitcoin Analysts have attributed the recent surge in the price of bitcoin to the global bitcoin market’s optimism towards the launch of bitcoin futures by […]
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Veritas Mining is creating a buzz in the booming industry of cryptocurrency with the launch of its token sale. The company has recently launched its Initial Coin Offering Pre-Sale with 30% Bonus and is welcoming new investors to invest in the future. With its aim to use one of the cheapest eco-friendly and renewable energy […]
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