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The value of an up-and-coming cryptocurrency that has been touted as a possible successor to bitcoin slumped on Friday, after a hacker took advantage of a software flaw to siphon off nearly $50m worth of digital bits.
The currency, called ether, tumbled by 25 per cent, souring a rise that had seen the total value of ether in issue reach a peak of $1.6bn earlier this week.
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Topic: [2016-0618] ‘Ether’ brought to earth by theft of $50m in cryptocurrency (Read 256 times)
June 17, 2016, 11:27:09 PM
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