Cryptocurrency-Backed Venture Capital Fund Hacked; Ether Plunges

  • Ethereum ‘perfectly safe,’ co-founder Vitalik Buterin says
  • Hack invokes jitters after Mt. Gox bitcoin exchange collapse

Hackers moved some digital money from the Decentralized Autonomous Organization, a cryptocurrency-backed venture capital fund, sending the price of ether -- the virtual currency underlying the project -- plunging.

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