A $50m hack sent the value of digital currency Ethereum tumbling yesterday (June 17) from around $21 to below $15, reported Business Insider in Singapore in response to Ethereum’s own blog post release.

The money is currently currently sitting in a locked fund and can’t be moved for 27 days. The entire system’s software could be updated in that time to prevent the stolen currency being removed, though not all Ethereum backers agree with this course of action, writes The Register.

Meanwhile, today’s Times in London carries an article on how Mark Carney, governor of the Bank of England, “hopes to encourage innovation in financial technology, or “fintech”, by working with tech-focused financial companies that are designing cybersecurity programmes and new payment systems.” Perhaps the Ethereum news wasn’t what he had in mind.