Hack

Blockchain technology is famed for the security it provides in facilitating secure transactions. The praised security level has increased the number of threats facing the crypto industry as people try to breach the technology. These threats are now becoming a reality to crypto derivatives due to the numerous attacks they are facing. Recently, one of them, the  VeChain Foundation, was attacked. Just yesterday, VeChain’s buyback address was compromised, which led to the loss of 1.1 billion VET tokens worth $6.5…