Crypto Thieves Get Bolder by the Heist, Stealing Record Amounts

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Crypto Thieves Get Bolder by the Heist, Stealing Record Amounts
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Cryptocurrency hacks are getting bigger.

Bitcoin’s volatility has limited its adoption for payments, so entrepreneurs created stablecoins: cryptocurrencies pegged to assets such as the U.S. dollar.

But the recent settlement of a probe into the most popular stablecoin, tether, shows the need for transparency in the growing industry. Photo illustration: Sharon Shi/WSJOn Sunday, a hacker exploited

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