Bitcoin is the first cryptocurrency. It has an open source that no one owns or controls. Its transactions and emissions are regulated by an extensive peer-to-peer network. The cryptocurrency uses a single database distributed on the network, included in a decentralized peer-to-peer network that uses an electronic digital signature and is supported by a proof-of-work protocol to ensure the security and legitimacy of the funds put into circulation.

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Bitcoin

CONFIRMED: Swan Bitcoin’s custodian “Fortress” was HACKED

CUSTOMER FUNDS WERE LOST

Ripple had to step in and acquire Fortress to COVER CUSTOMER LOSSES

Did Ripple just bail out Swan?

Why is the Swan team silent about this?

Anyone with funds at Swan should withdraw IMMEDIATELY

@coryklippsten.