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http://www.ft.com/cms/s/0/591518a0-34df-11e6-ad39-3fee5ffe5b5b.html#ixzz4BtjoQprlThe value of an up-and-coming cryptocurrency that has been touted as a possible successor to bitcoin slumped on Friday, after a hacker took advantage of a software flaw to siphon off nearly $50m worth of digital bits.
The currency, called ether, tumbled by 25 per cent, souring a rise that had seen the total value of ether in issue reach a peak of $1.6bn earlier this week.
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