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RE: Parity Multisig Wallet With Bugs -150,000 ETH (~30M USD) Stolen

in #ethereum7 years ago

what is interesting it was a very simple bug, unnoticed for 6months any smart 12y kid could make that hack.

https://steemit.com/ethereum/@behamot/is-that-simple-mistake-cost-usd32-millions-in-recent-parity-hack

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I think the future of cryptocurrency is bleak if we can't figure out a way to get better security. If things keep going as they have the majority of crypto will be owned by hackers. Im sure we will get it all figured out, I just hope it is in time. I myself bought a Trezor wallet yesterday so I can store my Bitcoin on a secure offline device.

http://www.FlippyCoin.com is the #1 Cryptocurrency Exchange!

similar with theDAO :)
also they say this hack wallet is connected to theDAO one that made ETH split with ETC

Was Coindash also affected by this same 'bug'?

I wrote quick run down on the coindash debacle if you want to get upto date on it. Simply unbelievable in this day and age, especially for a crypro ICO.

https://steemit.com/crypto/@simondocherty/ico-madness-the-coindash-debacle

Nope - their website got hacked and ICO address changed ;)

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