Parity Bug leads to 153.000 ETH stolen!

in #parity7 years ago (edited)

A bug on the multisig contract of parity >1.5 leads to draining of the funds of 3 ETH projects. All the funds seem to be stolen.

Affected projects are:

  • Edgeless Casino
  • Aeternity
  • Swarm City

All the funds of these projects are stolen.

Take a look at the press release of swarm.city https://press.swarm.city/parity-multisig-wallet-exploit-hits-swarm-city-funds-statement-by-the-swarm-city-core-team-d1f3929b4e4e

All the prices of the trading coins are affected: Edgeless down + 50% and Swarm down +50%

This is the second biggest bug in a major codebase of a Ethereum project, but this time it is "just" 31 million USD who are stolen. The impact on the ETH community is not clear yet. With the DAO Hack only the investors would be effected, but this time 3 ETH projects got literally stripped of their dev funds.

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Thanks for reporting on this and spreading the news.... :)

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