
Tether Hacked and $31 Million in Tokens Stolen
Return To ArticleTether, a Santa Monica-based start-up that provides a dollar-backed cryptocurrency tokens, has claimed that its systems have been hacked by an external attacker, who eventually stole around $31 million worth of its tokens.
With a market capitalization of $673 million, Tether is the world’s first blockchain-enabled platform to allow the traditional currency to be used like digital currency.