VeChain Loses 1M Coins from Compromised Buyback Wallet

The VeChain (VET) buyback program, which boosted the token price, was shaken by a just-discovered loss from the central wallet. The most probable cause was an insider gaining access to the wallet’s private keys, or a human error leading to an exploit. Insider Procedure Flaws Led to Theft VeChain reported 1 million coins lost and has already notified exchanges of the asset movements and involved addresses. The team has also contacted law enforcement in Singapore,Read MoreThe post VeChain Loses 1M Coins from Compromised Buyback Wallet  appeared first on Bitcoinist.com.