Prices at the Pumps - May 15, 2024 #saltwire #pricesatthepumps #gaspricesBOSTON - Two brothers who studied at the Massachusetts Institute of Technology were arrested on Wednesday on U.S. charges that they carried out a cutting-edge scheme to exploit the Ethereum blockchain's integrity and steal $25 million worth of cryptocurrency.
"As we allege, the defendants' scheme calls the very integrity of the blockchain into question," U.S. Attorney Damian Williams said. The indictment alleged that for months, the Peraire-Bueno brothers plotted to manipulate and tamper with the protocols used to validate transactions for inclusion on the Ethereum blockchain, a public ledger that records each cryptocurrency transaction.
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