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Topic: Hackers steal $32 Million Worth of Ethereum From 3 Multisig Wallets - page 4. (Read 3254 times)

legendary
Activity: 1008
Merit: 1000
Nearly 153,000 units of cryptocurrency Ethereum worth about $32 million was stolen from three of the largest Ether’s multisig wallets that seem to have been hacked today, rattling the global cryptocurrencies community in one of the biggest security breach ever of the rival of Bitcoin.

http://www.financemagnates.com/cryptocurrency/news/hacker-stoles-32-million-worth-ethereum-3-multisig-wallets/



Uh Oh  Shocked Shocked





Never ever use third party wallet, if the dev don't have the ability to code a decent safety wallet then the coin shouldn't worth anything.
full member
Activity: 401
Merit: 104
Correct me if I'm wrong, but isn't holding your funds in paper wallets a sure way to protect yourself from hacks like this?


Good question. And the next one is: how safe is MyEtherWallet?
member
Activity: 112
Merit: 10
Correct me if I'm wrong, but isn't holding your funds in paper wallets a sure way to protect yourself from hacks like this?
hero member
Activity: 532
Merit: 500
It dropped ~20% from the peak, so i don't think it can drop much more to worth the short risk. I sold some earlier today and bought back.
full member
Activity: 434
Merit: 102
Thank god for the whitehap hackers that preserved all the other multisig parity funds. Really though people need to test their code better, now my swarm city tokens have lost their development funds and the price has crashed.

Its not the end though ethereum will recover as it always has, and so will the ERC20 projects if the devs are really serious about them.

Yeah it will recover but at what rate? In my opinion it won't be the same in terms of growing capability now that there has been a security breach like this  Cry
sr. member
Activity: 364
Merit: 250
Thank god for the whitehap hackers that preserved all the other multisig parity funds. Really though people need to test their code better, now my swarm city tokens have lost their development funds and the price has crashed.

Its not the end though ethereum will recover as it always has, and so will the ERC20 projects if the devs are really serious about them.
sr. member
Activity: 434
Merit: 251
Heard about it this morning.  I assumed that this was the catalyst for the price drop.  I wonder if the news has been priced in yet, or will ETH dip some more
legendary
Activity: 3136
Merit: 1024
Leading Crypto Sports Betting & Casino Platform
Nearly 153,000 units of cryptocurrency Ethereum worth about $32 million was stolen from three of the largest Ether’s multisig wallets that seem to have been hacked today, rattling the global cryptocurrencies community in one of the biggest security breach ever of the rival of Bitcoin.

http://www.financemagnates.com/cryptocurrency/news/hacker-stoles-32-million-worth-ethereum-3-multisig-wallets/



Uh Oh  Shocked Shocked




The hacked has stolen through the vulnerable of the multisig wallet. The white hacked already secured over 140 million dollars (ethereum amount + asset). These 3 project of the icos getting hacked by the hacked such as Vslice, Swarm, and I can't remember the last project that has drained by the hacked. The parity developer already took the action to make a patch for the multisign wallet.
newbie
Activity: 12
Merit: 0
Very sad... Ethereum is still an early stage project. Probably not ready for mass adoption for the time being.
member
Activity: 131
Merit: 18
Nearly 153,000 units of cryptocurrency Ethereum worth about $32 million was stolen from three of the largest Ether’s multisig wallets that seem to have been hacked today, rattling the global cryptocurrencies community in one of the biggest security breach ever of the rival of Bitcoin.

http://www.financemagnates.com/cryptocurrency/news/hacker-stoles-32-million-worth-ethereum-3-multisig-wallets/



Uh Oh  Shocked Shocked



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