Hackers Grab $4,500,000 Veritaseum and dump it on Etherdelta. Price crashes 45%
Hackers got past 2FA and hacket a wallet containing a large amount of Veritaseum this morning.
https://bitcointalk.org/index.php?topic=1887061.msg20335511#msg20335511
Price has dropped from near 1 on 1 with Ethereum to under half that now and is still dropping.
I wonder how they got past 2FA
Thank You for this info I was really concerned as to the price drop and now I know why.........
Yeah I saw the price this morning on Coinmarketcap and was very happy, checked in again a couple of hours later and was like WTF, and went looking for why.
Price should stabilize quickly once the hackers/Dumpers? are sold out.
Great post I was wondering what happened to Veri. Please read my biggest danger in crypto, would love your feedback -
https://steemit.com/cryptocurrency/@cryptocoinclub/blockfolio-addiction-help-group
What makes you think it was a hack. Has Reggie Middleton confirmed this?
Still looking for confirmation on that but I'm assuming that the Reggie.Veri C&P'd in the post at Bitcointalk is him.
Some info on the wallet used for the dump on Etherdelta
https://etherscan.io/address/0xd82557a3a76341390bdadd6bf5012f88219d94ca
All over very quickly and the price is bouncing back up now.
Whoops just dumped another 8000 Veri on EtherDelta
https://etherscan.io/address/0xb5e187d83441ceb01d5019315d435633b9881565#tokentxns
Why post this without concrete data? or source?
Well if you'd bothered to click the link in the first post above you might have noticed the information from the Veri Slack channel linked on Bitcointalk this morning just after it happened, There was also a link to etherscan showing the movement of the Veri as well.
Add to that the order and price action on etherdelta and I think it was quite justified.