Tech

Hackers drain $31 million from cryptocurrency service MonoX Finance

Enlarge (credit: Getty Images) Blockchain startup MonoX Finance said on Wednesday that a hacker stole $31 million by exploiting a bug in software the service uses to draft smart contracts. The company uses a decentralized finance protocol known as MonoX that lets users trade digital currency tokens without some of the requirements of traditional exchanges. […]

Tech

Tolkien estate vanquishes Lord of the Rings-themed cryptocurrency

Enlarge / A screenshot from jrrtoken.com. All similarities to LOTR were purely coincidental, apparently. The estate of J.R.R. Tolkien, the author of The Lord of the Rings, has successfully vanquished a cryptocurrency that styled itself as “The One Token That Rules Them All.” The JRR Token cryptocurrency launched in August, with a website that featured […]