Aeternity Update about the Parity exploit hack & another development update

in #blockchain7 years ago

Parity Multisig Wallet Hack
Update on the Parity 1.5 (or later) vulnerability exploit.

Due to a zero day exploit in Parity 1.5 or later, funds were moved out of a number of ETH multisig wallets without any authorization by unknown perpetrator(s).

aeternity was using a parity “enhanced” multi-signature wallet on the latest parity update. Many projects in the space have used the same practice and have been affected as well.

As far as we know three project multi-sig wallets have been affected by the black hat attack:

Read more: https://blog.aeternity.com/parity-multisig-wallet-hack-47cc507d964d


Change log summarizing current development of the aeternity blockchain up until mid of July.
As of the beginning of May 2017, Zack Hess, our tech lead, was ready with the implementation of essential parts of the blockchain. These include;

  1. Handling accounts and keys.
  2. Exchanging p2p peers.
  3. Syncing blocks.
  4. Signing, bundling transactions and mining blocks.
  5. Channels, Oracles, Governance.
  6. Exposing HTTP interface for all transactions: accounts, channels, payments.
  7. Persistence layer.
  8. Trie itself and wrapper covering: accounts, channels, existence, oracles and governance.
  9. Important use cases that require optimized blockchain design like lightning payment.
  10. All of that supported by initial version of documentation and tests.

Read more: https://blog.aeternity.com/aeternity-dev-log-17-02-3fedf0fe36fe


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Found this in the news: "A hacker has reportedly stolen $32m (153k ETH) from three multisig wallets." - https://www.cryptoninjas.net/2017/07/20/parity-wallet-hacked-32m-ethereum-stolen/

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