A recent hack on the algorithmic stablecoin project Beanstalk was much larger than first reported, according to a Friday (April 22) Wall Street Journal story. Initial reports over the weekend said the hackers stole $76 million, but the Journal report, citing a blog post from the project, said the hackers...
Cryptocurrency hacks are getting bigger. The hack wiped out all of the ether held by the fund. Once the ether was removed, the value of the stablecoin itself, called Bean, collapsed to 10 cents from $1 on Sunday, according to data firm CoinGecko. Most recently it was trading at 6...
