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November 21, 2017 06:33 am GMT

Tether, a startup that works with bitcoin exchanges, claims a hacker stole $31M

Bitcoin cruised past $8,000 for the first time this week, but it hasn’t been smooth sailing for all afterTether — a company that helps exchanges convert fiat currency to token — said today that a hacker snatched nearly $31 million. Tether operatesUSDT, acryptocurrency asset that it backs via the U.S. dollar. The company said that$30,950,010-worth of USDT was taken… Read More

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/HL9XrP-skE0/

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