CRAM0214 (OP)
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July 19, 2017, 07:55:21 PM |
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The price is dipping as we speak, but I see some people saying the hacker may actually not be stealing the ETH, and just took it hostage to get the issue resolved. Thoughts? And will this affect ETH prices in a large way short term? Link: https://twitter.com/maraoz/status/887755889897295872 |
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coinmore_org
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July 19, 2017, 07:59:43 PM |
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Another Ethereum hack? This is not even funny considering the bear market we are already experiencing. Hopefully this does not destroy Ethereum.
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European Central Bank
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July 19, 2017, 08:08:52 PM |
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it's not an ethereum hack. it's a wallet hack. maybe the people who build stuff like this haven't caught up to how valuable it is these days.
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CRAM0214 (OP)
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July 19, 2017, 08:48:39 PM |
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Looks like a white hat group managed to take $80 million in other tokens to prevent them from being stolen. So damage is limited to 30 million. Bad, but a drop in the bucket compared to ETH overall market cap.
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sui_generis
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July 19, 2017, 09:18:10 PM |
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Just shows the low quality of development in the Ethereum ecosystem. Not to worry though, VItalik will just roll back the chain.
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BitcoinGirl.Club
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Farewell LEO: o_e_l_e_o
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July 19, 2017, 10:03:04 PM |
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the Parity wallet just has issues first it was generating existing Eth addresses at one point now $32 million in ETH stolen( multisig wallets)
boy oh boy this is a big deal in whichever way you see it!
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tiggytomb
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July 19, 2017, 10:03:08 PM |
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Not again, the amount of money that is flowing around ETH is crazy with all these ICOs same as last time it was a flaw in a third party that exposed all of these funds. I seriously doubt they will roll back this time and if they do I guess we will see another alt possibly called ETH ultra classic 😁
Very lucky the whitehat group got there first and saved a lot of people from despair.
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Termin4tor
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July 19, 2017, 10:11:12 PM |
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The price is dipping as we speak, but I see some people saying the hacker may actually not be stealing the ETH, and just took it hostage to get the issue resolved. Thoughts? And will this affect ETH prices in a large way short term? Link: https://twitter.com/maraoz/status/887755889897295872Maybe this was one of the reason why eth was facing a huge dip this week. All these poorly developed wallets and the hackers behind all this is destroying the ethereum scene. Who knows how much more vulnerabilities are left open for these hackers to attack. All this really the questions the fact that holding eth in any wallet is safe or not. |
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amaral1977
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July 19, 2017, 10:20:39 PM |
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3% of all ETH wouldn´t be a big deal unless ETH is hanging from thin wires. If ICO eth dumps hard enough i don´t see the bottom of the crash. LEt´s see if the companies that build their funding on ETH are true believers:)
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musicmate
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July 19, 2017, 11:43:36 PM |
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Just as we had a bit of momentum , this shit happens..
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TrumpBump
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July 20, 2017, 12:18:16 AM |
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Good news for the Ethereum competitors I suppose.
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vv181
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July 20, 2017, 02:39:29 AM |
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is it hacked? or source code bug that caused losses of over $30 million
but eth really doesn't look healthy, it could fall to 0.08 then to 0.075
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vanluan
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July 20, 2017, 02:57:37 AM |
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Hacker address: 0xB3764761E297D6f121e79C32A65829Cd1dDb4D32
ETH Balance: 83,017.019743665 Ether
ETH USD Value: $18,174,916.13 (@ $218.93/ETH)
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TravelMug
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July 20, 2017, 03:09:18 AM |
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Of course this is a big deal. Remember a few days ago $7 Million lost in CoinDash ICO Hack. And now Parity wallet issue. I think this will have a big influence on the price of ETH and will probably nose dive in the next hours. Hackers are now a menace to the crypto industry and will further dents trust in crypto world in general.
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Mpamaegbu
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Activity: 2730
Merit: 1225
Once a man, twice a child!
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July 22, 2017, 04:53:25 PM |
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Now I know why I dragged funding my Ethereum account even days after downloading the wallet. It's premonition, I guess so. With all these hacks always coming Ether's way, it's going to be bad business for the coin. This will further pull the Bitcoin price up as many holders may be forced to ditch it for Bitcoin or other coins of less price. Too sad...
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Before you boast of your material acquisition, take a stroll to a morgue and there you will find those who were once better than you're. Only fools think they've it all. Stay humble 🤔
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richardfisk
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July 22, 2017, 07:24:33 PM |
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yes. It is a big problem and makes people no longer believe in ethereum anymore. There are many issues inside ethereum which makes investors lose their trust. Well, hope that the price will not lose too much because ethereum need to be on the second place, after bitcoin
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Mbokani
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July 22, 2017, 08:01:30 PM |
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These things keeps on repeating ,all the web wallets are vulnerable to these sort of attacks and it is basically their fault for not taking security seriously,$32 millions is a really huge amount of money and guess what the users will suffer because of these hacks.
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memequiserle
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July 22, 2017, 08:09:16 PM |
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after issue about ETH wallet hack
ETH price not big effect and not down price, ETH price still stable
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dennyd999
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July 22, 2017, 11:44:04 PM
Last edit: July 23, 2017, 12:11:52 AM by dennyd999 |
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I think everything will go down in price after Segwit.
ETH also will.
This bad news will affect price too.
I just will be really surprised if we will not see any fall.
How strong they ,investors,need to love eth? To close an eyes on everything including dirty Gavin Wood work as Parity and ETH main dev.
Also mistake he made in library call which leead to hack is sooo dumb...
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Pfizer
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July 23, 2017, 12:20:22 AM |
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it's not an ethereum hack. it's a wallet hack. maybe the people who build stuff like this haven't caught up to how valuable it is these days.
I still can't understand why they keep calling this ethereum hack. This is clearly a wallet hack and people don't see this. They think it's a bug with ethereum interestingly. |
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