Cybersecurity
CoinDash CEO Says Ignore the Conspiracies After Coin-Sale Hack
- Attack during initial coin offering wasn’t a scam, Muroch says
- Hacking victims, investors will still receive intended tokens
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In the often murky and freewheeling world of digital currencies and initial coin offerings, it’s easy to spin this week’s hack of CoinDash’s token sale into a conspiracy, the startup’s chief executive officer says.
Despite the as-much-as $6.6 million theft on July 17 from investors wanting to buy digital tokens from the Kochav Yair-Tzur Yigal, Israel-based company, CEO Alon Muroch said the blockchain-technology company will continue to develop a portfolio tracking service and network for cryptocurrencies and ICOs.