Privacy Coin Verge Twitter Hacked

Hacker claimed that 1 billion of XVG coins were stolen
15 March 2018   560

Verge, a cryptocoin that claims “advanced privacy as a choice”, had its Twitter account hacked. The attacker attempted to scam them out of verge (XVG) coins. By the time the account had been restored, the price of XVG had fallen in value. This is reported by Coindesk.

After team managed to get the account back, they blamed the AT&T, said the that compnay managed to get "socially engineered".

After the hack, account posted this:

Verge Twitter
Verge Twitter

It is impossible to check were the coins stolen. The Verge community quickly suggested that the attacker acted because they had felt “threatened” by the altcoin’s ascendancy. They also blamed Twitter for the hack.

This is situation had huge negative effect onto Verge's price.

Verge Price Chart
Verge Price Chart

At the moment of press, these are the main XVG market parameters:

  • Average price: $0,028972
  • Market cap: $426 211 822 USD 
  • 24h Volume: $9 253 360 USD 

SoftBank & Baidu to Invest in Atlas Protocol

Atlas Protocol was created by Nebulas Labs and xGoogler Blockchain Alliance
21 August 2018   130

The Atlas Protocol marketing module (ATP) has completed a round of attracting initial funding, led by SoftBank China Venture Capital (SBCVC), having collected several million dollars during it.

In a multimillion-dollar round, the exact amount of which was not disclosed, Baidu Ventures (BV), Danhua Capital and Fenbushi Digital also took part.

Atlas Protocol was created by Nebulas Labs and xGoogler Blockchain Alliance (xGBA). The "first developer" of Google Adwords, Jeremy Zhao and Columbia University Professor Ronggui Gu will serve as project advisors on technical issues.

Atlas Protocol plans to create a blockchain ecosystem and "to form a new paradigm of interactive marketing." According to the press release, ATP allows you to rank "calculated values ​​on the block and transfer value using tokens" using the ATP Smartdrop service application.

xGoogler Blockchain Alliance was formed in April this year as a community of former Google employees interested in blockchain technology. Its founders were the developers of projects Nebulas, Loopring and Gifto.