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– Ethereum received an funding of round $one hundred fifty million in Could 2016. As a result, its value went up from $1 in January 2016 to round $14.Eighty in Could 2016.
– Nonetheless, On June 18th, 2016, members of the Ethereum group found out that Ethereum had been hacked. Round $60 million value of Ether (Ethereum’s forex) was stolen on account of a flaw in a wallet. This induced the Ethereum value to drop from the excessive of $21.Fifty two on seventeenth June 2016, to $9.96 on the 18th June 2016.