Nano Foundation to Contribute $1m Towards a Fund for BitGrail Hack Victims

Nano Foundation to Contribute $1m Towards a Fund for BitGrail Hack Victims

 It seems that the legal standoff between the Nano Foundation and the now-defunct Bitgrail crypto exchange is poised to continue. The Nano Foundation, which is a team behind Nano cryptocurrency (formerly known as XRB) has updated the developments on the situation via a Medium post yesterday, stating it would sponsor setting up a legal fund, … Continue reading Nano Foundation to Contribute $1m Towards a Fund for BitGrail Hack Victims

Verge Altcoin Hacked in 51% Attack

The privacy-centered Verge Currency (XVG) altcoin has somewhat abruptly initiated a hard fork. This move comes following a so-called ”51% attack” on the currency, made possible by a bug in the coin’s code which allowed attackers to spoof timestamps. The Verge team subsequently tried to calm the public and investors by reaffirming that the problem … Continue reading Verge Altcoin Hacked in 51% Attack