Bitcoin falls after $31 million stolen from dollar-linked cryptocurrency vendor Tether

Bitcoin falls after $31 million stolen from dollar-linked cryptocurrency vendor Tether

The company has marked the stolen tokens with the digital equivalent of a dye pack to make them unusable Start-up cryptocurrency firm Tether, which offers dollar-backed digital tokens called USDT, has been hacked to the tune of $31 million. About $30.95 million was stolen on the 19th November, Tether said in a now-removed post on its website (which is down at the time of writing), though the company didn’t give any details on how the hacker was able to breach its defences. Tether has confirmed that it will not redeem any of the stolen tokens, and is in the […]