Home » Tag Archives: Suffers

Tag Archives: Suffers

Bitcoin Suffers Severe Blow to Legitimacy, but It’s Based on “Fake News”

Larry Shover, the chief financial officer at SFG Alternatives, has stated that he feels the news circulating yesterday about Goldman Sachs’ shelving of plans to launch their own cryptocurrency trading desk has dealt the leading digital asset’s legitimacy a “severe blow.” The main issue with Shover’s analysis is that it is based on a journalistic error. Goldman Sachs’ Interest in ...

Read More »

Ripple Drops 5% as Crypto Market Continues Downward Trend, Bitcoin Suffers

The crypto market has lost $5 billion of its valuation overnight, as major digital assets including Bitcoin, Ripple, Ethereum, and Bitcoin Cash recorded slight losses in the past 24 hours. Bitcoin and Ether, the native cryptocurrency of Ethereum, fell by around 1.5 percent, while Bitcoin Cash and Ripple declined by 2.5 percent and 5 percent respectively. Stellar, IOTA, and NEO, ...

Read More »

Bancor Hack | Crypto Exchange suffers $23.5 Million Theft

Bancor hack: On Monday, the cryptocurrency world saw another hack. Crypto exchange Bancor — an Israel-Switzerland company — had $23.5 million worth of three different cryptocurrencies stolen. Its services include a wallet with a built-in exchange service and according to Bancor, no wallets were compromised but “a wallet used to upgrade some smart contracts was.” The breakdown of the Bancor hack looks like ...

Read More »

Korean Cryptocurrency Exchange Coinrail Suffers $40 Million Theft

Get exclusive fiat and cryptocurrency analysis on Hacked.com for just $39 per month. Click here now! South Korean cryptocurrency exchange Coinrail said it was the victim of a hack on Sunday, with reported losses of about 40 billion won ($37.2 million) in cryptocurrency. In a blog post on Monday, Coinrail confirmed it had suspended its services following a “cyber intrusion” ...

Read More »

Crypto Trading Platform Taylor Suffers 2,500 ETH Hack

Get exclusive analysis and cryptocurrency insights on Hacked.com for just $39 per month. Taylor, a company that recently launched an initial coin offering (ICO) to raise funds to help develop a smart cryptocurrency trading assistant, has recently been hacked for 2,578 ETH (about $1.5 million) as well as some of its TAY tokens. According to a Medium blog post the ...

Read More »

Mining Pool of Hyundai-Related Blockchain Platform HDAC Suffers Hack

The mining pool of HDAC, a Korean blockchain-based IoT platform and issuer of the Hyundai-DAC token (DAC), has been hacked. This forced the company to temporarily halt withdrawals, TokenPost reported Thursday, May 24. HDAC’s founder Chung Dae-sun is the nephew of the CEOs of Hyundai Group and Hyundai Motors, the globally renowned car manufacturer. HDAC’s ICO was launched in 2017 ...

Read More »

Verge Hack | Verge Suffers a New 51% Attack, Hacking was “Easy”

Verge Hack: Verge has been experiencing a series of difficulties that have further divided the user community between haters and hodlers. The security flaws have become more evident than ever. This problem along with an unorganized development team has led the crypto to a questionable position within the crypto sphere. Previously known as Dogecoin Dark, Verge became famous after being ...

Read More »