Hosted by Dailymotion. For legal issues report at the Copyright Center, report us on DMC, or use the Instant Removal tool.
Bad Programming Leaves Fledgling Cryptocurrency DOA
22 Views • Aug 14, 2020
Description
It's seen as a way to invest in new startups or put money to work by lending out dormant crypto to eager customers.
According to Gizmodo, the YAM token is a cryptocurrency that was originally designed to do nothing and be completely valueless.
Founder Brock Elmore says the YAM token is supposed to be a 'minimally viable monetary experiment.'
The token went on sale on August 11th, 2020, and savvy crypto investors drove up the price to almost $180 on August 12th.
A few hours after the project reached a $460 million market cap, developers accidentally injected a bug into the coding.
Within 24 hours, the cryptocurrency dropped to $1.
More from User
COVID-19: Child under 10 becomes the youngest Australian to die
Wochit Tech
Woman born with no womb gives birth to two children
Wochit Tech
Was Meghan boring on the Ellen show on purpose?
Wochit Tech
This is why the Queen's hands are purple in the recent photograph
Wochit Tech
CAT REUNION
Wochit Tech
Love Island’s Amber Gill possibly double dated by Jack Grealish
Wochit Tech
Related Videos
This Entrepreneur Is Trying to Reinvent Big Data With Decentralized Networks and Cryptocurrency
Entrepreneur
Pooling Facilitators: Secure, Decentralized and Off-Chain Cryptocurrency Transfers
QuickX-Tech
This Entrepreneur Is Trying to Reinvent Big Data With Decentralized Networks and Cryptocurrency
Entrepreneur
Cryptocurrency: Decentralized Finance Revolution - Technology news and information
Arif Mehreli
Centralized vs Decentralized Platforms in Cryptocurrency
Money Making Mastery
DASH: Digital Cryptocurrency | Masternode Services - Decentralized Oracles / DS / IX .
Dash World