Blockchain / Distributed Ledger

PYMNTS Daily Data Dive: Ethereum’s Hack Impact

The hacking of an experimental virtual currency project called the Decentralized Autonomous Organization (DAO) has sent a chill into the digital currency ecosystem. More specifically, Ether, a bitcoin-like digital currency alternative.

Ether, which is a relatively newer digital currency on the market that runs on the Ethereum network, has been gaining some popularity up until this hack.

For today’s Daily Data Dive 5-in-1, we’ve gathered up the need-to-know facts about how the hack has impacted the digital currency.

$160 Million | How much the VC-backed DAO project had raised since inception

81.2 Million | Number of Ether supply in circulation

$50 Million | How much (in Ether) was reportedly hacked from the DAO project

$933,194 | Ethereum’s rough market cap as of June 20

$12.02 | Ethereum’s price on June 20

 

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