The Crypto World Is On Edge After A String Of Hacks

Collective governance ultimately proved to be the downfall of Beanstalk. The entire crypto world is on edge after a string of hacks.

Ben Weintraub woke up to some bad news not long after quitting school to pursue a career in cryptocurrencies, reports New York Times.

In the previous three months, Weintraub and two of his University of Chicago classmates worked on a software platform called Beanstalk that offered a stablecoin, a type of cryptocurrency with a fixed value of $1. To their ...

Subscribe to view this content.

 
Do you have a tip or sensitive material to share with GGI? Are you a journalist, researcher or independent blogger and want to write for us? You can reach us at [email protected].