Home / Altcoin News / Backdoor Flaw Sees Australian Firm Lose $6.6 Million in Cryptocurrency

Backdoor Flaw Sees Australian Firm Lose $6.6 Million in Cryptocurrency

A deal between Australian firm Byte Power Party and Singaporean company Soar Labs went south when millions of  Soarcoin tokens went missing. Soar Labs attempted to purchase a stake of Byte Power without actually paying for it. It all began in June 2017, a month prior to Soar Labs’ ICO. Byte Power announced the Singaporean company

The post Backdoor Flaw Sees Australian Firm Lose $6.6 Million in Cryptocurrency appeared first on CCN

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