Attacker Steals $182 Million From Ethereum-based Beanstalk Stablecoin Protocol

By Deeba Ahmed
Interestingly, the attacker donated $250,000 of the stolen funds to an address used for raising donations for the…
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SafeDollar Stablecoin not Safe nor Stable: Hack Sends Value to ZERO

SafeDollar, a crypto token that’s pegged to the U.S. dollar, crashed this week. The team claim it had been hacked.
The post SafeDollar Stablecoin not Safe nor Stable: Hack Sends Value to ZERO appeared first on Security Boulevard.
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Facebook’s Libra cryptocurrency loses all but one payment company

Gone: Mastercard, Visa, PayPal, eBay, Stripe, Mercado Pago. Of six payments firms first involved in Libra, just one, PayU, remains. Continue reading Facebook’s Libra cryptocurrency loses all but one payment company

Cryptocurrency That Claimed to Be Backed by Cash No Longer Solely Backed by Cash

Tether said its USDT token was ‘backed 1-to-1 by traditional currency’ but now adds cash equivalents, receivables from loans, and other assets to its reserves. Continue reading Cryptocurrency That Claimed to Be Backed by Cash No Longer Solely Backed by Cash