VeChain Loses $6.6M in VET Tokens to Hacker in Attack on Buyback Wallet December 14, 2019

Note: This story has been updated to provide more details about the incident. VeChain Foundation’s wallet has been compromised in a hacker attack targeting funds earmarked for the foundation’s buyback program. Per a VeChain Foundation announcement on Dec. 13, an unknown hacker has redirected 1.1 billion VET tokens — valued at approximately $6,600,000 at press […]

TRON Foundation Announces $20 Million Buyback Plan June 26, 2019

The Tron Foundation has announced a $20 million buyback plan in a blog post published on June 25. The buyback is purportedly part of an initiative to bolster community activity and market stability. The company is going to conduct the largest tron (TRX) token buyback plan so far with the widest coverage in the secondary […]

Confident in the Future: EOS Developers Attempt 10% Buyback Ahead of Major Announcement May 25, 2019

Earlier this week, it was revealed that EOS developer Block.one is attempting a 10% buyback of its stock, reportedly the second one in less than a year. It seems that some of the company’s investors are up for a big payday: The earliest backers could expect a hefty 6,567% return on their initial investments, while […]