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Tag: Skycoin

SkyCoin Sees Overnight Price Drop Following Crypto Embezzlement Scandal

Category: Altcoins, Bitcoin, Crime, News, Tech

SkyCoin Sees Overnight Price Drop Following Crypto Embezzlement Scandal

Skycoin, a community-owned, peer-to-peer internet was robbed by the firm’s marketing arm EVOLAB of 100,000 Skycoins. The discovery was a critical point for Skycoin as it led to a major sell-off, causing Skycoin tokens to cave in price. Status Update Skycoin was developed by many early contributors to the Bitcoin and Ethereum network. According to China Money Network, it is…

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