Charles Hoskinson IOHK CEO Talks Cardano’s Plutus in MonoX Hack, ADA Price, Cardano’s Blockchain Based Asset, Has Increased 15% in the Last 24 Hours
MonoX Finance is a blockchain company that was stolen by hackers of $31 million using a bug in the software used to create smart contracts.
According to MonoX Finance, an accounting glitch in the company’s software allows attackers to inflate the price of the MONO token and then withdraw all of the deposited tokens. It represents a total of $31 million in tokens on the Ethereum and Polygon blockchains, both supporting the MonoX protocol.
While Plutus is Cardano’s blockchain smart contracts platform that allows users to build applications that interact with the network, Plutus uses Haskell as its programming language.
The post ADA price surges 15% after IOHK CEO talks about Cardano’s Plutus in MonoX hack appeared first on Bitcoin Addict.