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Hackers have launched a denial-of-service (DoS) attack on a well-known wallet Electrum server, according to Johnwick.io. Hackers used a botnet of more than 140,000 computers to attack Electrum's nodes and simultaneously deployed malicious nodes. When a user connects to these malicious nodes and sends a transaction using an older version of Electrum, the user is prompted to update the Backdoor Client. If the user installs the client as prompted, the private key is stolen and all digital assets are lost. Millions of dollars of digital currency have been stolen, according to Electrum officials.

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Facebook co-founder Chris Hughes said in a comment article in the Financial Times that libra, the company's cryptocurrencies program, would transfer most control of monetary policy from the central bank to private companies. "If global regulators don't act now, it may soon be too late," Hughes said. Hughes added: "New money companies will put their private interests - profits and influence - ahead of the public interest." "