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Some high-profile token issuers are feeling the effects of a vulnerability in an ethereum wallet software revealed this week.
After a developer stumbled upon the bug – "accidentally" deleting a code library for the Parity wallet and freezing more than $152 million-worth of ether – several startups and open-source projects that recently launched initial coin offerings (ICOs) have come forward, stating that theirs are among the 151 addresses impacted by the software failure.
As such, the development has put considerable attention on U.K.-based Parity Technologies, the developer of the software, which also saw $30 million in ether stolen in a July hack.
Further, it comes at a time when ethereum itself is receiving a significant amount of attention for fueling around 10,000 ICO projects, 13 of which have raised over $100 million.
After a developer stumbled upon the bug – "accidentally" deleting a code library for the Parity wallet and freezing more than $152 million-worth of ether – several startups and open-source projects that recently launched initial coin offerings (ICOs) have come forward, stating that theirs are among the 151 addresses impacted by the software failure.
As such, the development has put considerable attention on U.K.-based Parity Technologies, the developer of the software, which also saw $30 million in ether stolen in a July hack.
Further, it comes at a time when ethereum itself is receiving a significant amount of attention for fueling around 10,000 ICO projects, 13 of which have raised over $100 million.
https://www.coindesk.com/ico-funds-among-millions-frozen-parity-wallets/