Cybersecurity

A $50 Million Heist Unleashes High-Stakes Showdown in Blockchain

  • The DAO hack divides Ethereum community over ‘immutability’
  • Blockchain seen revolutionizing modern finance by supporters
Photographer: Balint Porneczi/Bloomberg
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There’s a high-stakes showdown roiling the techno-utopian world of blockchains and cryptocurrencies.

And the outcome, to some, could ultimately have lasting consequences for the future of modern finance.