This is more bad news. I wish these hackers would give Ethereum a break.
I think you are wrong. Hackers don't have to give a break. They are very annoying but useful people. They show the lack of security over and over again and one day it might stimulate Vitalik to do something about it. We have to respect hackers, for they are really smart people. It is the code that has to be unbreakable, not hackers not doing their job IMO.
Topic: Another Ethereum ICO get hacked. (Read 1226 times)
Again, again and again.
http://www.newsbtc.com/2017/07/24/yet-another-ethereum-ico-gets-hacked-veritaseum-loses-us4-5m/
Unstopable hacks!
This time Veritaseum ICOs token based on ETH suffers from atack with 4.7 million $$$ looses.
Obviously Ehtereum Network have a massive problems. And devs will always tell you that this is imature of experimental technology
How far this will goes?
Its madness I never heard before about so many hacks on blokchain before Ethereum and ICOs appeared.
It is the 3rd hack for the month. Its just tooo much.
Bitcoin was never hacked at all so as many other coins around. Just WTF is going on???
http://www.newsbtc.com/2017/07/24/yet-another-ethereum-ico-gets-hacked-veritaseum-loses-us4-5m/
Unstopable hacks!
This time Veritaseum ICOs token based on ETH suffers from atack with 4.7 million $$$ looses.
Obviously Ehtereum Network have a massive problems. And devs will always tell you that this is imature of experimental technology
How far this will goes?
Its madness I never heard before about so many hacks on blokchain before Ethereum and ICOs appeared.
It is the 3rd hack for the month. Its just tooo much.
Bitcoin was never hacked at all so as many other coins around. Just WTF is going on???
I think that has more to do with ETH price, that's why you didn't hear of it as much. Not as many people bothered to hack when it was at $1.
Ethereum developers need to do something very fast before this hackers completely destroyed this beautiful technology especially on their token. Hackers have find problems in this area of token and if they keep quiet they network will be affected and in multiplier infect affect their pricing and ether itself.
Nxt is another cryptocurrency platform to launch crowdfunding campaigns, it features inherently more secure Smart Transactions. But people go for the hype.
Ethereum should immediately take some serious precautions to avoid this kind of attacks anymore. 
still don't have any official information, finding many holes as possible and the ETH fix code in the system that helps the system increasingly improved. Even BTC has encountered similar problems
bitcoin split coming and more bad news keep coming beware tread lightly 
It is great idea, but unproven code. Who knows whats still waiting in the code to be revealed.
It's a sheme that people are losing money because of code.
It needs more peer review.
It's a sheme that people are losing money because of code.
It needs more peer review.
More like scam ico walking away with millions without doing anything.
I suspect one of their coders wrote a back-door into the smart contract..
It's not ETH problem, it's about the platform's capabilities and how third-party developers use them. The program (smart contract) in ETH can be hacked in the same way as any other, written, for example, on php.
https://bitcointalksearch.org/topic/m.20348125
True, the mistakes on this kind of hacks was on third party developers which dont really saw the flaws on their wallet which hackers can easily bypass it without any efforts and if those coins a eth-based then it will really mainly affected ETH price. Next time they should really strenghten up security to avoid these kind of stuffs because im quiet tired on these back to back hacking incidents. https://bitcointalksearch.org/topic/m.20348125
It's not ETH problem, it's about the platform's capabilities and how third-party developers use them. The program (smart contract) in ETH can be hacked in the same way as any other, written, for example, on php.
https://bitcointalksearch.org/topic/m.20348125
https://bitcointalksearch.org/topic/m.20348125
Well sounds like the ETH was stolen from the Veri team and not investors, so tough shit for them...
By following the transactions and the addresses the stolen VERI was sent to, looks like it took place yesterday and some of the tokens were already dumped on ED. I was looking at the VERI price on ED suddenly falling as it was happening in real time and I thought it was strange.
How come these hackers hacked the ETH wallets from ICO? Are there any flaws in the Ethereum blockchain? I thought crypto currency is secure? Another worst scenario is, ICO owners were acting up to stop their projects and enjoy their stolen money.
Not sure what planet you live in. ETH is far from secure. It started with DAO and will just continue. Most secure asset platform currently is XCP. It base on Bitcoin so is totally obvious. Why companies use ETH is beyond my imaginations. XCP was slow because of full BTC mempool, but we all knew that will end at some point ans as it looks ended. Whoever is issuing tokens on ETH right now is quite an idiot.
How come these hackers hacked the ETH wallets from ICO? Are there any flaws in the Ethereum blockchain? I thought crypto currency is secure? Another worst scenario is, ICO owners were acting up to stop their projects and enjoy their stolen money.
Again, again and again.
http://www.newsbtc.com/2017/07/24/yet-another-ethereum-ico-gets-hacked-veritaseum-loses-us4-5m/
Unstopable hacks!
This time Veritaseum ICOs token based on ETH suffers from atack with 4.7 million $$$ looses.
Obviously Ehtereum Network have a massive problems. And devs will always tell you that this is imature of experimental technology
How far this will goes?
Its madness I never heard before about so many hacks on blokchain before Ethereum and ICOs appeared.
It is the 3rd hack for the month. Its just tooo much.
Bitcoin was never hacked at all so as many other coins around. Just WTF is going on???
http://www.newsbtc.com/2017/07/24/yet-another-ethereum-ico-gets-hacked-veritaseum-loses-us4-5m/
Unstopable hacks!
This time Veritaseum ICOs token based on ETH suffers from atack with 4.7 million $$$ looses.
Obviously Ehtereum Network have a massive problems. And devs will always tell you that this is imature of experimental technology
How far this will goes?
Its madness I never heard before about so many hacks on blokchain before Ethereum and ICOs appeared.
It is the 3rd hack for the month. Its just tooo much.
Bitcoin was never hacked at all so as many other coins around. Just WTF is going on???
This is already alarming. I mean, ETH team must be doing something, otherwise these hackers are like running their own vaults and can withdraw millions from them easily and anytime they want. For goodness sake! ETH, come on! Are you gonna let these scumbags do this to you again and again?
I'm guessing this ICO bubble what someone here was talking about. It could be anything but feels like this is the bubble.
Again, again and again.
http://www.newsbtc.com/2017/07/24/yet-another-ethereum-ico-gets-hacked-veritaseum-loses-us4-5m/
Unstopable hacks!
This time Veritaseum ICOs token based on ETH suffers from atack with 4.7 million $$$ looses.
Obviously Ehtereum Network have a massive problems. And devs will always tell you that this is imature of experimental technology
How far this will goes?
Its madness I never heard before about so many hacks on blokchain before Ethereum and ICOs appeared.
It is the 3rd hack for the month. Its just tooo much.
Bitcoin was never hacked at all so as many other coins around. Just WTF is going on???
http://www.newsbtc.com/2017/07/24/yet-another-ethereum-ico-gets-hacked-veritaseum-loses-us4-5m/
Unstopable hacks!
This time Veritaseum ICOs token based on ETH suffers from atack with 4.7 million $$$ looses.
Obviously Ehtereum Network have a massive problems. And devs will always tell you that this is imature of experimental technology
How far this will goes?
Its madness I never heard before about so many hacks on blokchain before Ethereum and ICOs appeared.
It is the 3rd hack for the month. Its just tooo much.
Bitcoin was never hacked at all so as many other coins around. Just WTF is going on???
This will never end until these hackers are arrested, they steal so professionally and they're draining every single unsecured ethereum wallet.
Again, again and again.
http://www.newsbtc.com/2017/07/24/yet-another-ethereum-ico-gets-hacked-veritaseum-loses-us4-5m/
Unstopable hacks!
This time Veritaseum ICOs token based on ETH suffers from atack with 4.7 million $$$ looses.
Obviously Ehtereum Network have a massive problems. And devs will always tell you that this is imature of experimental technology
How far this will goes?
Its madness I never heard before about so many hacks on blokchain before Ethereum and ICOs appeared.
It is the 3rd hack for the month. Its just tooo much.
Bitcoin was never hacked at all so as many other coins around. Just WTF is going on???
http://www.newsbtc.com/2017/07/24/yet-another-ethereum-ico-gets-hacked-veritaseum-loses-us4-5m/
Unstopable hacks!
This time Veritaseum ICOs token based on ETH suffers from atack with 4.7 million $$$ looses.
Obviously Ehtereum Network have a massive problems. And devs will always tell you that this is imature of experimental technology
How far this will goes?
Its madness I never heard before about so many hacks on blokchain before Ethereum and ICOs appeared.
It is the 3rd hack for the month. Its just tooo much.
Bitcoin was never hacked at all so as many other coins around. Just WTF is going on???
This is more bad news. I wish these hackers would give Ethereum a break.
No, it's a good thing so that Ethereum developers will make necessary action to avoid major hacks from happening in the future.
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