A new start-up that offers dollar-back digital tokens, Tether, stated a few days ago that its systems had been hacked. This is according to cryptocurrency news site, CoinDesk. The company claims that $30.95 million worth of tokens is gone. A deleted post on its website, Tether wrote, “malicious actions…
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The Mt. Gox Hack
In 2014, Mt. Gox, one of the largest bitcoin exchanges on the globe and based in Japan, was on top of the world. They handled 70% of all bitcoin transactions globally. However, the end of February brought ruin and bankruptcy to Mt. Gox. Mt. Gox lost almost 740,000 bitcoins…