Vechain(VET) buyback wallet hacked for 1.1 billion VET

Vechain foundation’s buyback wallet was breached today resulting in the loss of 1.1 billion VET. This is a setback for the foundation in terms of price momentum although it does not really effect their ecosystem. The price of Vechain has held around .0058 after news got out so there wasn’t a large drop off. Vechain ha alerted Singapore authorities and has blocked off the addresses of all the stolen funds from all exchanges.

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