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Crowd Machine (CMCT) Token Wiped Out After Hacked Reserves

Published 09/24/2018, 04:46 AM
Updated 09/24/2018, 06:01 AM
Crowd Machine (CMCT) Token Wiped Out After Hacked Reserves

A compromised wallet siphoned away the reserves of the Crowd Machine (CMCT) project, tanking the market price over the weekend. The slide continued on Monday. The team went out with a statement on Monday morning, giving very little information of the nature of the hack. But despite the reassurance that the project would continue, the CMCT token lined up among the biggest losers on CoinMarketCap.

CMCT lost more than 63% on Monday as of 4:30 UTC, down to $0.001887. The crash deepened at 02:30 UTC on September 24, and in the end, trading volumes dwindled to nothing as traders abandoned the risky asset. But before that, on September 22, CMCT started crashing from $0.0129. The current levels ...


This article appeared first on Cryptovest

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