Ether, Edgeless, Swarm City, æternity about to go on SALE due to potential security flaw!

in #ethereum5 years ago (edited)

This is a public service announcement and security alert! Ether and a few tokens that use Parity 1.5 or later multi-sig wallet have an alleged security flaw. $32M may have been stolen from one of these wallets.

https://twitter.com/maraoz/status/887751004971831296

This does not look like fake news. It is causing Ether to crash as we speak though. If you own Edgeless, Swarm City or æternity, you may see a decline in price as the news gets out.

I say this with Peace and Love..Peace and Love...get out of these tokens and buy them again later when they are on sale.

If you have Ether or tokens in a parity 1.5+ multi-sig wallet, move your coins to another wallet to be safe.

If this security flaw turns out to be real, this could mean an Ethereum hard fork. That would be YUUUGE. Would it mean Ether at or below $135 again? It's certainly possible.

Update

Swarm City just posted about it here: https://press.swarm.city/parity-multisig-wallet-exploit-hits-swarm-city-funds-statement-by-the-swarm-city-core-team-d1f3929b4e4e

100% comment upvote to first person can figure out what token the hackers just bought with their stollen funds.

Hint: There is a token balance of 0.0169 in their wallet as of this post.


Sort:  

An opportunity to load up, sweet.

Yup..that's what I'm hoping for. Missed the chance when it hit $135 over the weekend.

Yikes...wish I saw this earlier.

Luckily I was already out after the initial recovery from the weekend. Looking to get back in at a good price.

I got a bellyRub and this post has received a 1.42 % upvote from @bellyrub thanks to: @zeartul.

maraoz Manuel Aráoz tweeted @ 19 Jul 2017 - 19:08 UTC

Someone stole ~$32M (~153k ether) from three multisig wallets. More info and blog post coming soon.
etherscan.io/address/0xb376…

Disclaimer: I am just a bot trying to be helpful.

Congratulations! This post has been upvoted from the communal account, @minnowsupport, by financialcritic from the Minnow Support Project. It's a witness project run by aggroed, ausbitbank, teamsteem, theprophet0, and someguy123. The goal is to help Steemit grow by supporting Minnows and creating a social network. Please find us in the Peace, Abundance, and Liberty Network (PALnet) Discord Channel. It's a completely public and open space to all members of the Steemit community who voluntarily choose to be there.

If you like what we're doing please upvote this comment so we can continue to build the community account that's supporting all members.

Solid post. Nice to see I'm not the only one who thinks like this. The current total market cap of all cryptos might seem high but blockchain is here to stay and will involve all our lives. I do see a bright future for everyone that's hold's their coins with a long term vision. I found this great website: https://www.coincheckup.com I'm using this site that gives in depth reports on every tradable cryto in the market.

Coin Marketplace

STEEM 0.28
TRX 0.07
JST 0.035
BTC 24653.38
ETH 1999.60
USDT 1.00
SBD 3.40