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Mystery Surrounds Recent Cryptocurrency Wallet Hack

24th November 2017  By Catalin Cimpanu

 

Verge and CoinPouch logos

 

Users lost over $655,000 worth of Verge cryptocurrency this week, but nobody knows who to blame in an incident involving the maintainers of the CoinPouch wallet app and the Verge cryptocurrency.

 

The whole drama started on Tuesday when maintainers of CoinPouch, a multi-currency wallet app, published a statement announcing a hack that affected CoinPouch users who stored Verge currency in their wallets.

 

The CoinPouch team blamed the incident on a Verge node the company set up together with Verge project maintainers to handle Verge transactions for CoinPouch users.

 

Full Article.

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