Hedge Token has Burned 11% of Their Token Supply Due to the Parity Wallet Issue.
The Team is Making Moves to Overcome the Loss of Funds.
The other day this is what they had to say about the issue on Hedge Token Telegram.
"To all: it looks like the inclusion of the code to unlock parity wallets into the Constantinople (Ethereum) fork is unlikely. For the time being we will treat it as if its not happening. That said, project is moving on as planned with a combination of our own money, families and friends, and fiat loans. I'm very sorry for this fuck up, but HDG investors will not be in any way negatively affected."
In response to to the loss of funds Hedge Token just reduced their total coin supply by the amount they have stuck in their parity wallet (674,643 HDG Tokes/11%).
This is Good News and Could Possibly Help the Value of HDG.
Their telegram page said they didn't burn the tokens. They just put it in a wallet escrow until the Parity issue reaches a resolution. If they get the the Ethereum back these tokens will go back into the regular supply and if not they will be burned. This reduces the circulating supply for now.
They are also on target to hit their roadmap goals. I will be keeping you informed of any moves by the team.