Hack in Parity Wallet - Another Ethereum ICO Lost MIllions !

in #ethereum • 7 years ago

Parity is the multisig wallet for Ethereum used by ICOs. It was already hacked before and many projects lost their funds.

Today this happened again. Polkadot ICO which raised 145 599 300 USD got hacked.

This were not all funds but there is bigger problem.

Due to this vulnerability loads of ICOs and people using the wallet cannot move funds! There literally millions worth of coins that cannot be used right now.

So hacker also cannot steal them now.

Will we see another fork after theDAO fiasco?

Time will tell.

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#blockchain #cryptocurrency #money #security
7 years ago in #ethereum by
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     7 years ago 

    it gets more interesting, guy who did it was just learnign ETH.
    if he pasted this commands in different way he would take the money but since he had no idea what hes doing he fucked up and made over 300 millions in many wallets stuck.

    [-]
     7 years ago (edited)

    I really hope they dont pull another bailout, people need to start taking responsability for their actions.

    I am personally going to buy some more Ethereum CLASSIC!!

    [-]
     7 years ago 

    That is friggin sad man. I hate seeing this happen ;(

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     7 years ago 

    On the plus side, its better this kind of stuff is discovered earlier rather then later.

    [-]
     7 years ago 

    I need help sir.....

    Upvotes me & thanks.....

    [-]
     7 years ago 

    hope all cryptocurrency wallets will be more protected.. and hackers will be unable to reach them.. none will lose their beloved currency..

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     7 years ago 

    Its a travesty :D I had to meme-it.

    boi.png

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     7 years ago 

    Is like Ethereum burn some coins, there is no way the guy didn't know anything about coding
    Thanks for sharing

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     7 years ago 

    That sucks.

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     7 years ago 

    Well because of the cryptocurrency is not in regulation of the government so ur crime regarding this I don't think sir went well do anything all we know as this Internet currency will increases it also attract hackers to earn from there and if it is continue there also increases a value of Information Technology well every change also come with some negative points and some positive points but as time passes it find Its Solution

    [-]
     7 years ago 

    We can only hope for the best :(

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