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Topic: Ethereum Hacked Again? (Read 6277 times)

hero member
Activity: 966
Merit: 552
June 03, 2017, 11:38:38 AM
Seems entire network is frozen, no transactions are going through.

I'm hearing rumors of people generating the same keys as other wallets and being able to access their coins.

Any news?
An unknown attacker that previously disrupted operations on the ethereum blockchain returned today, but so far to limited effect.

In an effort that was reminiscent of attempts last year that succeeded in slowing down activity on network, the owner of an address associated with the wave of spam attacks is sending commands meant to use up 'gas', ethereum's unit of computational power.
That is bad news from http://www.coindesk.com/ethereum-developers-stymie-blockchain-spammers-latest-attack/
Hope answers your questions.

This is the interesting part from article:

"Within an hour, the popular implementation released a new version called 'Hat Trick', complete with a security fix that changed the structure of some types of data that were being utilized in the new attack.

As of press time, the attacker had not sent transactions from the account for an hour."


That means the attack was largely contained.
According to social media posts and a subsequent statement from Vancouver-based QuadrigaCX, the issue had to do with a previously used “splitter contract” which was utilized to separate incoming ethers and classic ethers (another cryptocurrency that arose from a blockchain split last year).
http://www.altcointoday.com/smart-contract-upgrade-glitch-halts-vancouver-exchanges-67000-ether-funds/
That is the new info about the problem on smart contract of ethereum.
hero member
Activity: 532
Merit: 500
June 02, 2017, 04:28:05 PM
Where did i say that making more money makes one better ? I was talking about mentality. Twisting things around to fit ones narrative / fud is extremely low. The guy i was addressing took someone's mystake and twisted it around trying to make others believe the platform is bugged lol. But you don't seem to have a problem with that so you're no better than he is. And everything is a scam unless you're invested in it, stupid mofo.
legendary
Activity: 1960
Merit: 1176
@FAILCommunity
June 02, 2017, 01:30:32 PM
Someone technologically illiterate working at that exchange fucked up  and it's somehow platform's problem. You guys are really smart. With that mentality you'll go nowhere but remain poor.

LM_fucking_AO. Behold! That's the typical thinking of an ETH shill - making millions or even billions of $ is a way to prove something is better than others. People like Grigori Perelman (not that he knows who he is) are dumbass motherfuckers, because he's not rich and he lives with his mother, instead of buying 1000 ETH back in 2014 and be a millionaire. I really feel sorry for you, because one can tell you are a lonely soul and a "keyboard warrior". I had enough with you... poor guy.   
hero member
Activity: 574
Merit: 502
waiting to explode
June 02, 2017, 11:34:11 AM
Seems entire network is frozen, no transactions are going through.

I'm hearing rumors of people generating the same keys as other wallets and being able to access their coins.

Any news?
An unknown attacker that previously disrupted operations on the ethereum blockchain returned today, but so far to limited effect.

In an effort that was reminiscent of attempts last year that succeeded in slowing down activity on network, the owner of an address associated with the wave of spam attacks is sending commands meant to use up 'gas', ethereum's unit of computational power.
That is bad news from http://www.coindesk.com/ethereum-developers-stymie-blockchain-spammers-latest-attack/
Hope answers your questions.

This is the interesting part from article:

"Within an hour, the popular implementation released a new version called 'Hat Trick', complete with a security fix that changed the structure of some types of data that were being utilized in the new attack.

As of press time, the attacker had not sent transactions from the account for an hour."


That means the attack was largely contained.
hero member
Activity: 532
Merit: 500
June 02, 2017, 11:09:03 AM
Someone technologically illiterate working at that exchange fucked up  and it's somehow platform's problem. You guys are really smart. With that mentality you'll go nowhere but remain poor.
hero member
Activity: 518
Merit: 500
June 02, 2017, 10:39:34 AM
#99
So what happened? Did the ICO crashed ETH for a moment there?
Three's the charm! Geth v1.6.5 released to counter the current Ethereum mainnet attacks: https://t.co/aJiijOCwSp Binaries ready asap! They (developer ETH) are working fixing this problem, i think the problem on smart contract on ethereum, please see the comments above me, that is clear what's happening on ethereum.
legendary
Activity: 910
Merit: 1000
June 02, 2017, 10:16:01 AM
#98
Seems entire network is frozen, no transactions are going through.

I'm hearing rumors of people generating the same keys as other wallets and being able to access their coins.


Any news?
An unknown attacker that previously disrupted operations on the ethereum blockchain returned today, but so far to limited effect.

In an effort that was reminiscent of attempts last year that succeeded in slowing down activity on network, the owner of an address associated with the wave of spam attacks is sending commands meant to use up 'gas', ethereum's unit of computational power.
That is bad news from http://www.coindesk.com/ethereum-developers-stymie-blockchain-spammers-latest-attack/
Hope answers your questions.
legendary
Activity: 1057
Merit: 1000
The Experience Layer of the Decentralized Internet
June 02, 2017, 10:13:50 AM
#97
BAT ico. Thousands of transactions in a matter of seconds.

What's BAT??? Is the ICO still going?

It seems that you are not active on this Bitcoin Forum since the news has been broadcast for two days. The BAT  ICO has finished in about 30 seconds and only less than 200 participates joined successfully.   What more, four big whales took more than 50% of the crowd sale. That's crazy! Sad Sad
hero member
Activity: 966
Merit: 552
June 02, 2017, 10:00:09 AM
#96
Seems entire network is frozen, no transactions are going through.

I'm hearing rumors of people generating the same keys as other wallets and being able to access their coins.


Any news?
I just heard about that there are problem on smart contract QuadrigaCX exchange
allegedly lost 60,000 Ethereum due to smart contract problems

i think that is the bad news about ethereum hacked, i try to find news about this problem.
hero member
Activity: 532
Merit: 500
June 02, 2017, 08:07:25 AM
#95
That troll predicted the DAO failure + scams worth millions of $. Brendan Eich is a giant in the IT world - no question about it, but I also have my fair share.

Fair share of what ? Trolling attempts ? When eth wasn't in as good of a shape as it is now, you used to link tweets from respected members in the crypto world like those of emin gun sirer, when he was questioning some decision of some dapps on ethereum. And you used to post his tweets here as a reconfirmation of your own FUD. Why aren't you doing it anymore ? I'll tell you why, because you can't use his opinions taken out of context to suit your FUD narrative anymore:

https://twitter.com/el33th4xor/status/870327595434463232 -read the other comments of his to this topic aswell

https://twitter.com/el33th4xor/status/870313173387182080

https://twitter.com/el33th4xor/status/870269401643327488 - he's subtly pointing At chris derose's fud attempt, where he wrote to sec begging to regulate cryptocurrency space ( especially ethereum ) because he feels threatened. That troll used to stand for decentralization and against regulation, because it suited his narative ( just like you ). Now he wants central regulation from authorities because decentralization is not good anymore if there's a rising rival threatening to overcome bitcoin.

https://twitter.com/el33th4xor/status/867371235235299329

P.S: you may be better off with either more hair, or less. Now you look like you've been removed hair for a brain surgery or you're doing chemo.

Edit: Just for the record. I don't have anything with you. It's just that you're trying to gather following for your personal project. And to do that, you have to either stand for something, or against something. And you're standing against ethereum for the wrong reasons, but you don't care because your little project is / may make you money. And because of that, you're a hypocrit at best. And for that you do not deserve respect.

I understand it first hand to criticise something for some practices or decisions. I myself paid 100E in fees to get into BAT, and i didn't get in. Do i believe these icos should have better practices and interaction with the community ? Hell yes. Do i believe they should follow better practices, since many don't have anything besides a site and a whitepaper with unknown devs ? Hell yes. But these things take time, and they will weed out eventually.



legendary
Activity: 1960
Merit: 1176
@FAILCommunity
June 02, 2017, 05:04:03 AM
#94
That troll predicted the DAO failure + scams worth millions of $.

That troll is just a troll with a bad haircut. He didn't predict anything. He was contemplating at doomsday scenarios for years and for everything ethereum did. It just happened that one of the hundreds of things built on top of ethereum to be poorly coded. It's like betting on all the possible outcomes.

There you go - I fixed my haircut because of you. Now you can start talking about my big nose, you lonely, dumbass ETH shill. Smiley



 
hero member
Activity: 532
Merit: 500
June 02, 2017, 04:57:50 AM
#93
If a poorly coded DAO forced a split in the entire system what makes you think that we wont be seeing any sort of similar things in the future,nothing can be coded fool proof

It was a special case. In DAO, anyone could basically interact with the funds. No other project is made like that. All other projects have the funds stored in a multisig wallet or cold storage, and only devs can interact with it. If some projects will fail, they will fail because either the ideea or the execution was bad and their issued token will lose most of the value.
hero member
Activity: 532
Merit: 500
June 02, 2017, 04:53:47 AM
#92
That troll predicted the DAO failure + scams worth millions of $.

That troll is just a troll with a bad haircut. He didn't predict anything. He was contemplating at doomsday scenarios for years and for everything ethereum did. It just happened that one of the hundreds of things built on top of ethereum to be poorly coded. It's like betting on all the possible outcomes.
legendary
Activity: 1540
Merit: 1011
FUD Philanthropist™
June 02, 2017, 03:23:15 AM
#91
Just BAT ICO and one developer decrypting someones wallet made enough panic for people to guess that ETH is done!  Grin

How about my 2014 ICO scam topic i posted ? Remember that ? oh wait  Cheesy

Ever heard of the "DAO" ?  Grin

PS:

$228 makes me want to throw up.
newbie
Activity: 14
Merit: 0
June 02, 2017, 03:01:47 AM
#90
Just BAT ICO and one developer decrypting someones wallet made enough panic for people to guess that ETH is done!  Grin
legendary
Activity: 1540
Merit: 1011
FUD Philanthropist™
June 02, 2017, 12:21:03 AM
#89
Jeez after all this time that ETH shill won't let up about Spartak's old profile picture  Cheesy
See ? that is why i never added my own.. i'd never hear the end of it.
I am a greek god.. an adonis like Spartak.. the Hunky FUD crew coming down on you !
Crypto-Women want us and crypto-men want to be us !

So.. clearly that shill is hiding his picture and mocking people over theirs ..because he's fucking UGLY !
Get a facelift with your ETH ROI's shill  Grin

Anyway Wink
If it runs it can be hacked.. that is a given.

BUT !

What comes to mind after saying that is what is more likely to have a problem ?
The next thing is complexity vs simplicity.
Comparing Bitcoin designed to be simple ON PURPOSE for security reasons vs ETH a convoluted complicated heap of bullshit ICO scheme crap.

Earlier today i was reading about a topic where Satoshi was discussing the IP address functionality in the first BTC wallet.. a user had Satoshi's intended code removed from Github for precisely what i just finished saying above word for word !

Then we have Ethereum a proven scammy rigged complicated insecure ICO failure.

PS:
I actually did post my picture long ago in crypto and it was re-posted a few times too.
legendary
Activity: 2702
Merit: 1064
Juicin' crypto
June 01, 2017, 10:55:26 PM
#88
yes eth has its upside, buuuuut it is NOT ready to handle this load and already showing its weakness.

now, move to something groundbreaking like revamped WBB (DLS) and you have something that removes they key weaknesses of ALL coins. Wink Smiley
sr. member
Activity: 784
Merit: 251
June 01, 2017, 10:29:06 PM
#87
Seems entire network is frozen, no transactions are going through.

I'm hearing rumors of people generating the same keys as other wallets and being able to access their coins.


Any news?
Why did it happen? If that happens maybe my Ethereum coin will be gone?
member
Activity: 104
Merit: 10
June 01, 2017, 09:08:30 PM
#86
So what happened? Did the ICO crashed ETH for a moment there?
jr. member
Activity: 59
Merit: 10
June 01, 2017, 09:03:31 PM
#85
No, I meant 300. As far as I remember when DAO failure happened market cap of digital currencies was like $11-$12 Billion and it dropped with probably $3-$4 Billion in the following week. Bitcoin lost about $100 of its value (which was major impact, giving the price back then). Now things can be much more worse...

Lose 300 percent? That would place bitcoin in negative territory. -$4370 at current price.

$2367 : 3 = $789.

Oh you mean it will drop 66.67 percent.

Oh, ok... I meant price will be 1/3rd from this one. Smiley

Now I recognize you from other threads, you are the king at spreading FUD. Nice trolling
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