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Cryptocurrency-Backed Venture Capital Fund Hacked; Ether Plunges

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Olga Kharif reports: Hackers moved some digital money from the Decentralized Autonomous Organization, a cryptocurrency-backed venture capital fund, sending the price of ether — the virtual currency underlying the project — plunging. Vitalik Buterin, co-founder of Ethereum, which supports ether, asked exchanges in a Reddit post to “please pause ETH and DAO trading, deposits and withdrawals until further notice,” [...]

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