Oops! Tether ‘Accidentally’ Created $5 Billion in Crypto Out of Thin Air

Due to human error and fat fingers, Tether accidentally printed $5 billion of its fiat-pegged cryptocurrency out of thin air. Oops. The mistake occurred when the Tether team was in the process of moving tokens from the Omni Layer to the Tron blockchain. What was meant to be a $50 million transfer became $5 billion […]

The post Oops! Tether ‘Accidentally’ Created $5 Billion in Crypto Out of Thin Air appeared first on CCN Markets

Source: https://www.ccn.com/news/tether-print-5-billion-crypto-error/2019/07/14/

Stay up to date

on all important crypto news!

The most important news, once a week. No spam.