Millions of dollars worth of ether remain unclaimed from a smart contract established for the purpose of allowing investors in The DAO to recover funds compromised in the project's demise.
Of the 11.6m ETH moved to the contract by way of a change to the underlying ethereum platform's code earlier this week, just over half (about 60%) of the funds, or about 6.85m ETH, have so far been withdrawn.
The remaining 4.75m ETH, worth about $68m at today's USD exchange rate, continues to be available to potential investors. However, the withdrawal rate, at press time, seems to have slowed noticeably.
Within hours of the hard fork more than 40% of the 11.58m ether had been withdrawn, leaving 6.6m in the account, according to figures from CoinDesk. Twenty-four hours later, 5.2m remained.
At press time, roughly 60% of the total funds have been withdrawn, up from 52% observed yesterday.
http://www.coindesk.com/ether-withdrawals-millions-dao-funds-remain/
Topic: [2016-07-24]Ether Withdrawals Slow as Millions in DAO Funds Remain Unclaimed (Read 182 times)
July 24, 2016, 04:56:50 AM
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