Hackers steal $32 Million Worth of Ethereum From 3 Multisig Wallets

[Gnosis7777]

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  

[1714940558]

1714940558

[EthereumVision]

Very sad... Ethereum is still an early stage project. Probably not ready for mass adoption for the time being.

[shinratensei_]

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  

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.

[lijoe408]

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

[CrowdFunder]

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.

[bongiu]

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 

[mining1]

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.

[Grant Hero]

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?

[BeggarInCryptos]

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?

[BTCwriter]

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  

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.

[hellwithbanks]

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?

I seriously have questions about myetherwallet. If classic ether wallet can be compromised then myetherwallet has a chance too  

[xiaohang07]

Hopefully MyEtherWallet is immune to these types of hack.

[gokayc]

Hopefully this incident won't effect the Ethereum's price. Ethereum's moved up really good yesterday and I can see the price has dropped a little but now looks like getting back very well. Hope won't drop more and keep increase.

[xiaohang07]

Hopefully this incident won't effect the Ethereum's price. Ethereum's moved up really good yesterday and I can see the price has dropped a little but now looks like getting back very well. Hope won't drop more and keep increase.

It seems that the price has been affected, unfortunately. However, it will not affect its long term potential.

[bbc.reporter]

Very sad... Ethereum is still an early stage project. Probably not ready for mass adoption for the time being.

That is not an excuse for the incompetence of their developers. If it is really still an early stage project in their eyes then they should not allow this project to be in the market especially right after the DAO hack. This should stay in testnet mode only.

[Sync485]

probably because of this price is going down again. also same for edgeless and swarmcity. do you have information about how they hacked?

[One Man Band]

So it looks like Parity.io were using buggy code is the problem in this case, not Ethereum?

The platforms being developed upon ETH have so many moving parts they're highly vulnerable to exploits.

[bitcoinvestor]

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  

Ehterium wallet seem most wallet to get hacked. Mew was hacked too about $500 worth lost. That's not to big amout but it alerts me to the security. I think I move some asset to waves. till now, waves wallet is still safe. I think there is mass hacking attemp to etherwallet , be careful.

[realHCplease]

probably the handy work of a government agency

[Caesar-Giulius]

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?

I seriously have questions about myetherwallet. If classic ether wallet can be compromised then myetherwallet has a chance too  

Oh dear, if myetherwallet is not safe mean we need to keep each individual coin in respective paper wallets?

[shapeshiftscam]

Crazy shit man, hackers made fortune continuously, crazy..   

[williamevanl]

Well thank goodness for Tezos! They have this covered...

[Foex]

Well thank goodness for Tezos! They have this covered...

How the tezos guys have it covered? U mean Tezos is not hackable? Can you point out how it is safe since Tezos is also a crypto and may also be hacked in its initial days

[williamevanl]

Well thank goodness for Tezos! They have this covered...

How the tezos guys have it covered? U mean Tezos is not hackable? Can you point out how it is safe since Tezos is also a crypto and may also be hacked in its initial days

I can first dog on Tezos, they have spent so much time on making their platform secure that its very difficult to work with. The idea is that their smart contract language will be 'formally verifiable'. Sadly that seems to translate to much more difficult to use for the novice programmer to work with. Also their protocol is written in OCaml which isn't widely used either.

If there were a spectrum of Security <----> ease of Use, I'd say the Tezos team put all their eggs in the basket of being a very secure platform bordering on extremely difficult to implement things on top of. After working on the project since 2014, they have arrived at something that is incredibly secure but they don't yet even have a wallet or blockchain explorer. I suppose they are putting the heavy investment on making the platform bulletproof first.

I don't know if this will be a good approach or not but I can save given their focus that it will at least be much more secure. I think this put them way behind the 8-ball timeframe wise and I also think folks will continue to gravitate to Ether until the security flaws in Ether prove to be too much. (if that ever happens)

[Getmon]

My goodness! It seems hackers are much more brilliant and more skilled than developers? If this becomes a pattern then perhaps we should really be dead worried. Coindash lost some $7 million dollars just very recently and now this. Damn! I am beginning to be really worried about digital currency, much more brilliant hackers have lots and lots of mouth-watering targets nowadays.

[williamevanl]

My goodness! It seems hackers are much more brilliant and more skilled than developers? If this becomes a pattern then perhaps we should really be dead worried. Coindash lost some $7 million dollars just very recently and now this. Damn! I am beginning to be really worried about digital currency, much more brilliant hackers have lots and lots of mouth-watering targets nowadays.

Hmm interesting point. I wouldn't say that hackers are more brilliant just that it's easier to break into something than it is to secure it. A security developer can try to safeguard against ever possible attack they can think of but a hacker only needs to find one vulnerability. I had a grad class recently where the final project was find all the ways to 'hack' or break an incredibly simple program and it's astonishing how many vulnerabilities the entire class was able to find.

There are just so many layers of abstraction that are at risk. In a way computer code is written on a pyramid and the higher level you go the more holes there can be at each layer. I suppose this is partially why bitcoin was created with a near bullet proof low level implementation. (and as I said above, why Tezos spent three years building an incredibly secure base layer)

[ranman09]

May I just ask what a multisig wallet is? This is a huge amount I must say.

[hardinero007]

good thing myetherwallet is immune from these threat.  its like blockchain.info wallet of bitcoin.  just that myetherwallet is a little harder to use for newbies. 

[sandan2002]

Inside job, it was obvious from the time I read the 2nd sentence.

[williamevanl]

good thing myetherwallet is immune from these threat.  its like blockchain.info wallet of bitcoin.  just that myetherwallet is a little harder to use for newbies. 

Oh I hope you are correct...

[Hueristic]

My goodness! It seems hackers are much more brilliant and more skilled than developers? If this becomes a pattern then perhaps we should really be dead worried. Coindash lost some $7 million dollars just very recently and now this. Damn! I am beginning to be really worried about digital currency, much more brilliant hackers have lots and lots of mouth-watering targets nowadays.

Hah, don't confuse all Crypto currency with hack jobs, there are solid projects out there. Just because ETH is big does not make it any good. It was a scam from day one and you people are surprised it keeps on giving? Grow up and smell the roses and stop being blinded by your greed.

[CryptoPR]

My goodness! It seems hackers are much more brilliant and more skilled than developers? If this becomes a pattern then perhaps we should really be dead worried. Coindash lost some $7 million dollars just very recently and now this. Damn! I am beginning to be really worried about digital currency, much more brilliant hackers have lots and lots of mouth-watering targets nowadays.

The error was super basic and a big miss from the development part. The real problem is the lack of thorough code reviews. There seems to be some confidence that if it comes from the core devs then it is gold standard. More experienced eyes need to be actively reviewing all these new enhancements.  

There should also be a bounty program for all these big developments.

[teamcryptonator]

good thing myetherwallet is immune from these threat.  its like blockchain.info wallet of bitcoin.  just that myetherwallet is a little harder to use for newbies. 

Oh I hope you are correct...

Wrong, myetherwallet still not safe when they not have 2FA for security wallet, example hacker attack your PC and know your private key, they can withdraw your coin anytime on myetherwallet. I had mail to devs myether about this issue but still not have reply

[williamevanl]

My goodness! It seems hackers are much more brilliant and more skilled than developers? If this becomes a pattern then perhaps we should really be dead worried. Coindash lost some $7 million dollars just very recently and now this. Damn! I am beginning to be really worried about digital currency, much more brilliant hackers have lots and lots of mouth-watering targets nowadays.

Hah, don't confuse all Crypto currency with hack jobs, there are solid projects out there. Just because ETH is big does not make it any good. It was a scam from day one and you people are surprised it keeps on giving? Grow up and smell the roses and stop being blinded by your greed.

Well at least Ether is a real project. You might not see these types of hacks from other 'protocols' but that's because they are just copies of previous protocols. (or they aren't anything at all in which case there's nothing to hack!) Perhaps in the future when you see something was hacked you can think, "shit that must have been a real project with it's own actual development pioneering new things."

[CryptoPR]

My goodness! It seems hackers are much more brilliant and more skilled than developers? If this becomes a pattern then perhaps we should really be dead worried. Coindash lost some $7 million dollars just very recently and now this. Damn! I am beginning to be really worried about digital currency, much more brilliant hackers have lots and lots of mouth-watering targets nowadays.

The error was super basic and a big miss from the development part. The real problem is the lack of thorough code reviews. There seems to be some confidence that if it comes from the core devs then it is gold standard. More experienced eyes need to be actively reviewing all these new enhancements.  

There should also be a bounty program for all these big developments.

Adding the details of the fix on the code
https://github.com/paritytech/parity/commit/b640df8fbb964da7538eef268dffc125b081a82f

A single line was all needed. A modifier should have been added to the public initializer  method to ensure the contract is not already owned. It pretty much allowed the hacker to run a quick new initializing call and change the owner...

[Hueristic]

My goodness! It seems hackers are much more brilliant and more skilled than developers? If this becomes a pattern then perhaps we should really be dead worried. Coindash lost some $7 million dollars just very recently and now this. Damn! I am beginning to be really worried about digital currency, much more brilliant hackers have lots and lots of mouth-watering targets nowadays.

Hah, don't confuse all Crypto currency with hack jobs, there are solid projects out there. Just because ETH is big does not make it any good. It was a scam from day one and you people are surprised it keeps on giving? Grow up and smell the roses and stop being blinded by your greed.

Well at least Ether is a real project. You might not see these types of hacks from other 'protocols' but that's because they are just copies of previous protocols. (or they aren't anything at all in which case there's nothing to hack!) Perhaps in the future when you see something was hacked you can think, "shit that must have been a real project with it's own actual development pioneering new things."

You think ETH is the only project that is not a bitcoin clone? LOL No wonder you fools keep losing your tokens.

[williamevanl]

My goodness! It seems hackers are much more brilliant and more skilled than developers? If this becomes a pattern then perhaps we should really be dead worried. Coindash lost some $7 million dollars just very recently and now this. Damn! I am beginning to be really worried about digital currency, much more brilliant hackers have lots and lots of mouth-watering targets nowadays.

Hah, don't confuse all Crypto currency with hack jobs, there are solid projects out there. Just because ETH is big does not make it any good. It was a scam from day one and you people are surprised it keeps on giving? Grow up and smell the roses and stop being blinded by your greed.

Well at least Ether is a real project. You might not see these types of hacks from other 'protocols' but that's because they are just copies of previous protocols. (or they aren't anything at all in which case there's nothing to hack!) Perhaps in the future when you see something was hacked you can think, "shit that must have been a real project with it's own actual development pioneering new things."

You think ETH is the only project that is not a bitcoin clone? LOL No wonder you fools keep losing your tokens.

Oh no of course not, but I wish a site like coinmarketcap would add one more column of 'unique code' (though that would probably be very difficult to implement) From perusing the community for years you have Bitcoin clones, Ether 'built on top ofs', NXT, Ripple, Ant, Waves and more recently Tezos. Fill me in, what's left of completely new code bases?

I spend a lot of time looking at code, give me some new code to look at...

[metalbean]

It's not just any hack, it's a parity hack

- The client with the fastest block speed, least footprint, and touting other technical prowess.
- The founder is the cofounder of ethereum blockchain. Other core members are from ethcore.

Bad day for ethereum.

[rdnkjdi]

I cant believe since their official wallet miltisig was hacked they didn't lost significantly more market value

[metalbean]

May I just ask what a multisig wallet is? This is a huge amount I must say.

Multi signature. Several people need so sign with their own private key for the tokens to be used.

Someone must have figured how to cheat the opposite to thinking he has signed maybe

[metalbean]

good thing myetherwallet is immune from these threat.  its like blockchain.info wallet of bitcoin.  just that myetherwallet is a little harder to use for newbies. 

Oh I hope you are correct...

Wrong, myetherwallet still not safe when they not have 2FA for security wallet, example hacker attack your PC and know your private key, they can withdraw your coin anytime on myetherwallet. I had mail to devs myether about this issue but still not have reply

Iirc they started implementing 2FA a week or two ago. Let's pray.

[qiwoman2]

I am not impressed at all about these ETH wallets, already I got over 1 btc worth of ETH and erc20 tokens stolen a few weeks ago through one of the myetherwallet phishing sites. ETH hackers are running rife ll over the slack rooms and now we have the Parity wallets compromised on a massive scale. I am wondering what next?

[BitcoinEXpress]

The question is, will we now see a third fork of Ethereum?


~BCX~

[Febo]

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  

Such incidents will just repeat and repeat and repeat.  ETH is just to optimistic project. Million things can go wrong and then just dont care about that. And sooner or latter this million things will go wrong.

[findingthemoon]

The question is, will we now see a third fork of Ethereum?


~BCX~

Not a chance, there is too little a proportion of the total ETH that got stolen. The value is obviously high but that's because ETH has taken off in value since the DAO hack.

[Sosaso75]

Well done boys and girls...very jealous!!!

[Zumwalt]

I doubt that other Wallets are much safer. There was a big hackernews thread on how shitty solidity is, so maybe someone took a deeper look.

[Morphling]

i heard it this morning and i am at home now, it seems the price of eth was influnced rapidly in the morning and back to the beginning in the evening, useless to say, eth meet many difficulties all the walking, but its strong enough to live better and better

[riyaz22]

Ethereum is second largest crypto currency according to coinmarketcap.com and widely used for almost every upcoming and ongoing ICO transactions and last few days there are a lots of news coming of hacking like coindash robbed for almost $7m value of ether and now more news coming.Now what will the next step of cryptocurrency investors to save their hard earned money.If high quality wallets are not safe then how this market will survive.This market is in growing stage yet but people are losing big amounts and with that fear remain always there in minds whether to participate or not.I think now crypto currency world community needs to think about lots of aspects like scanning of coin projects etc.This market can only survive if every coin/project/wallet take high security measures to protect themselves as well as investors and indeed this new but big market.

[Hueristic]

My goodness! It seems hackers are much more brilliant and more skilled than developers? If this becomes a pattern then perhaps we should really be dead worried. Coindash lost some $7 million dollars just very recently and now this. Damn! I am beginning to be really worried about digital currency, much more brilliant hackers have lots and lots of mouth-watering targets nowadays.

Hah, don't confuse all Crypto currency with hack jobs, there are solid projects out there. Just because ETH is big does not make it any good. It was a scam from day one and you people are surprised it keeps on giving? Grow up and smell the roses and stop being blinded by your greed.

Well at least Ether is a real project. You might not see these types of hacks from other 'protocols' but that's because they are just copies of previous protocols. (or they aren't anything at all in which case there's nothing to hack!) Perhaps in the future when you see something was hacked you can think, "shit that must have been a real project with it's own actual development pioneering new things."

You think ETH is the only project that is not a bitcoin clone? LOL No wonder you fools keep losing your tokens.

Oh no of course not, but I wish a site like coinmarketcap would add one more column of 'unique code' (though that would probably be very difficult to implement) From perusing the community for years you have Bitcoin clones, Ether 'built on top ofs', NXT, Ripple, Ant, Waves and more recently Tezos. Fill me in, what's left of completely new code bases?

I spend a lot of time looking at code, give me some new code to look at...

Well the most well known one is Monero. If you can follow that code then I tip my hat to you.
{I hear it's commented now so maybe not so rough anymore to follow: Idunno}

I cant believe since their official wallet miltisig was hacked they didn't lost significantly more market value

Ever hear of "to big to fail"? It seems Eth has reached that status, to many big players in now from the create free fiat crowd.

The question is, will we now see a third fork of Ethereum?

Hah that was my thought as well, I wonder what the magic number of DEV tokens stolen is the tipping point for braking mutability again.

[romeo-karrera]

well if you need smart contract code review and audit - we can help you

http://smartcontracteam.com/

[bbc.reporter]

Well thank goodness for Tezos! They have this covered...

How the tezos guys have it covered? U mean Tezos is not hackable? Can you point out how it is safe since Tezos is also a crypto and may also be hacked in its initial days

Tezos might be a trainwreck waiting to happen. There are valid reasons that its self amending ledger might be exploited by would be hackers of the system. If it happened on Ethereum, it could happen anywhere. To think of it, bitcoin was not safe from hackers during its early days.

[herromerro]

Gotta read Parity's blog post:
https://blog.parity.io/the-multi-sig-hack-a-postmortem/

"So we appeal to the community and those that use our software in their well-funded businesses and projects: help us set up a fund to help ensure this doesn't happen again." 

[williamevanl]

Well thank goodness for Tezos! They have this covered...

How the tezos guys have it covered? U mean Tezos is not hackable? Can you point out how it is safe since Tezos is also a crypto and may also be hacked in its initial days

Tezos might be a trainwreck waiting to happen. There are valid reasons that its self amending ledger might be exploited by would be hackers of the system. If it happened on Ethereum, it could happen anywhere. To think of it, bitcoin was not safe from hackers during its early days.

The Bitcoin protocol has never been hacked. (It's relatively simple with extremely minimal functionality) Also Tezos could be a train wreck but they will have spent 4 years drilling on one very important thing when it launches, having the smart contract code be formally verifiable. It's not flashy or sexy, in fact it's boring but it will be much more secure.

People have been warning about this issue with Ether for a while now ( certainly prior to the most recent hack):
https://www.youtube.com/watch?v=ItCYzwPkiDY

It was obvious back in 2014 that Ether was likely to suffer hacks that were inherent to the protocol. A group of very smart people saw the writing on the wall then and set out to design an truly secure platform at a much lower level that could be guaranteed secure. Unfortunately, such a undertaking took a really long time! I get it though, man this space is getting so complicated you need a Ph.D. in Computer Science to have any idea what you are talking about...

https://www.youtube.com/watch?v=4oG4Ead74xA

[ICO INVESTOR]

good thing myetherwallet is immune from these threat.  its like blockchain.info wallet of bitcoin.  just that myetherwallet is a little harder to use for newbies. 

Oh I hope you are correct...

Wrong, myetherwallet still not safe when they not have 2FA for security wallet, example hacker attack your PC and know your private key, they can withdraw your coin anytime on myetherwallet. I had mail to devs myether about this issue but still not have reply

Iirc they started implementing 2FA a week or two ago. Let's pray.

I keep only a small amount of bitcoins or ether in webwallets
The only way you can hope to be safe is to assume everything on the internet is unsafe

[layoutph]

Is this for real or an inside job? $32Million is not a joke, its so huge! Almost less than 10% of the ETH's total market cap. This might affect the market. It can crash or can manipulate a small marketcap coin.

[herromerro]

Is this for real or an inside job? $32Million is not a joke, its so huge! Almost less than 10% of the ETH's total market cap. This might affect the market. It can crash or can manipulate a small marketcap coin.

Let's say 1%

Yes it is really serious, and the white hat thing makes it interesting too.

[Paycoinzzz]

Is this for real or an inside job? $32Million is not a joke, its so huge! Almost less than 10% of the ETH's total market cap. This might affect the market. It can crash or can manipulate a small marketcap coin.

Really, but I can't sure this happens by hacker or by admin from this ICOs and the wallet got hacked do that. Because have some news talking about some ICOs project want scam user but can't find the reason make a scam and no loss of honor

[minbosen]

Very sad to hear that, I thought ETH wallet was very safe until I saw this news. Is it means the ICO project that raising ETH for tokens will be not safe? That is really a bad news.

[stripykitteh]

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?

I seriously have questions about myetherwallet. If classic ether wallet can be compromised then myetherwallet has a chance too  

There’s a very high possibility that Myetherwallet could get hacked sometime if the guys that manage that website want to hack the database. I know that many Ethereum wallet owners don’t like to download the whole Blockchain for that coin so they choose to use Myetherwallet instead and they don’t think about changing the password while doing it to secure their money.

It’s pretty simple to change a password to secure a wallet, just have to do it.

[savon2k]

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  

And all the company wallets that eth was stolen had the infinity sign in their logos... ILluminati !!😅

[Spoetnik]

"Bitcoin Rival" ? ohhh please you are making my stomach hurt from laughing so hard NOOBS 

This is my new favorite topic.. as they say at McDonalds

Bring on the..

[freebutcaged]

Time to migrate into Waves platform for your scam ICOs then, hehuhuhuhu, at least Waves is much safer.

[MFahad]

Well that's definitely the nail that nailed it should coffin shut. People have stolen before but they're still on something of value just to steal this is just a joke. I like how the people call it multi-million dollars worth of but really it's just eth so it's nothing. It has been now few times ETH and ETH tokens are being stolen and i wonder if we should still trust the ETH.

[metalbean]

That sucks, I know a friend lost 147 ETH from the Parity hacks

Did they promise a refund or something?

[nicosey]

What is the preferred Multsig wallet for ethereum?

[Jerfer]

Wait, is this why ethereum is forking, because someone hacked 32mil?? Or is there some other underlying reason? Or is there even a hardfork at all, all I have heard is rumors.

[jerkoin]

I have no idea why would this happen to Ethereum after a few had occurred to DAO and a few others. After all, what's the essence of their smart contracts and I'm afraid how the proposed Waves smart contract would be implemented in a way that'd be more secured and impossible to hack or attack.

[altseeker]

Well that's definitely the nail that nailed it should coffin shut. People have stolen before but they're still on something of value just to steal this is just a joke. I like how the people call it multi-million dollars worth of but really it's just eth so it's nothing. It has been now few times ETH and ETH tokens are being stolen and i wonder if we should still trust the ETH.

I wonder why too. Ethereum has been hacked so many times while millions of dollars involved, yet it remain stronger than ever and everyone going crazy for it.

[zabisux]

This doesn't worry me at all. It is not end of the world. I can't remember how many times bank systems were hacked by different ways and they are still getting used. Ethereum should fix its problems and its fine.