2018 has been a turbulent year for almost every cryptocurrency in the marketplace but Titanium Blockchain and its investors have had an exceptionally rough ride. Earlier this year, Titanium was hacked and $30,000,000 in their token, BAR was stolen. C.E.O. Michael Stollaire promptly shut down the trades of the original $BAR across all exchanges and issued $TBAR to all ICO investors. The hack and loss mitigation also triggered a corporate restructuring. Christopher Snook, Titanium’s Chief Technology Officer began publicly slandering the company and its leadership. Titanium promptly fired the C.T.O. and notified investors of the action through their Telegram.
Back On Track
Through it all, the Titanium team has still delivered. The company has successfully issued $TBAR to all previous $BAR holders and still hit their roadmap KPIs of delivering their MVP earlier this March. Furthermore, trading of the token has resumed on CoinHood, FatBTC, IDEX, and TIDEX. $TBAR is also officially re-listed on CoinMarketCap. Titanium is currently trading below its ICO price of $1 which is expected after such a shake up. While the company still makes great strides in their rollout, TBIS is still investigating all developers and vulnerabilities with the help of law enforcement.