Is RadioShack launching a new crypto token?

RadioShack, the company that sold consumer electronics for decades, is shifting its focus to DeFi and launching a new crypto token. Readers like you help support MUO. When you make a purchase using links on our site, we may earn an affiliate commission. Read More. RadioShack has been a part of American pop culture for over 100 years.

What is crypto and how does it work?

What is Crypto? Cryptocurrencies are digital tokens that use cryptography for their creation and security. Bitcoin was the first, but thousands more have come. In the past few years, thousands of new cryptocurrencies have appeared, all claiming to offer something a little different.

Who is behind the latest crypto heist?

It's not known who is behind this latest hack, but it is not necessarily cyber-criminals out to make money for themselves. For example, state-sponsored hackers have been identified as the culprits behind some crypto heists.

Did a hacker transfer $540m worth of cryptocurrency to themselves?

It says a hacker transferred $540m worth of cryptocurrency to themselves six days ago, but the company only noticed on Tuesday when a customer was unable to withdraw their funds.