IOTA cryptocurrency shuts down entire network


Junior Member
Jan 19, 2020
IOTA Foundation behind the IOTA cryptocurrency was forced to shut down its entire network following a cyber attack that resulted in the theft of funds.
Hackers have exploited a vulnerability in the official IOTA wallet to steal funds from the users. In response to the incident, the IOTA Foundation, the nonprofit organization behind the IOTA cryptocurrency, has decided to take down its entire network.

The code should be audited by more than once company before making it to the public. Currently the coin is on 23rd place, on CoinMarketCap, imagine what code is behind lower cap coins.
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