Hacker stole $31M of Ether. Can this happen again?

[aleksej996]

I think it will, but I really hope it will not happen again. I hope that crypto dev can create a tracker to track down those theaves and put them in bars so they can't do bad things anymore.

Wow. You are calling for lack of privacy here. This is some centralization right there. If you know who is making which transactions then the government is in charge, not really decentralized fair system we had in mind. Also, these 'thieves' didn't hurt no one nor broke any law. They did what the smart contract allowed them to do, they just found a loophole. But as far as the blockchain and the smart contract is concerned, this was perfectly valid and legal.

We really shouldn't let governments get involved in this technologies, this was created to escape their grasp and control. You can't have complete control of your money and have someone protecting you when you are irresponsible. With power comes responsibility.

[1715040642]

1715040642

[daglordjames]

I think it wouldnt get hacked if they secured more to ether so that it wont happen again and if they keep up i think.

[Elsonbol]

of course, now there are a lot of hackers who want to earn, every day it is more of them, and they look for holes as to crack something and to take away, and they don't become less but only it is more. not who won't give a guarantee to you in network on your finance.

[rumexx]

No I do not think it will happen again because Ethereum was able to discover the lapse that was created by their developers during Ether script development.  According to them they use the same method used by the hacker and hacked out the remaining Ether and then fixed the bug.

[BCEmporium]

20 july a hacker pulled off the second biggest heist in the history of digital currencies.

https://medium.freecodecamp.org/a-hacker-stole-31m-of-ether-how-it-happened-and-what-it-means-for-ethereum-9e5dc29e33ce

Making anything available to anyone is quite a dangerous thing. Can this happen again? Who thinks about it?

This will happen for as long as people don't start paying very close attention to the links they are clicking on etc.

People never seem to learn from all the past cases of phishing attacks... so hackers will keep doing it since it's highly profitable and quite easy.

[tam31]

Everything is possible nothing can be fully secured. I will not be surprised if bitcoin is also hacked in the future. We need to stop these so called hackers to steal our coins.

Maybe we can take action together ? Or we could trace their accounts and ban them.

[joshmontford]

It could definitely happen again - especially if you don't use the proper internet protection. If you know to not install random stuff from the internet, you are fine. And especially if you use some kind of a cold wallet, you are fine.

[Celebrity]

Everything is possible nothing can be fully secured. I will not be surprised if bitcoin is also hacked in the future. We need to stop these so called hackers to steal our coins.

Maybe we can take action together ? Or we could trace their accounts and ban them.

People are still getting caught by pishing scam attempts. They don't act carefully and they lose their wallets. That's why having a secured wallet and computer is important to be in safe side.

We can't take action, they're anonymous.

[pitiflin]

20 july a hacker pulled off the second biggest heist in the history of digital currencies.

https://medium.freecodecamp.org/a-hacker-stole-31m-of-ether-how-it-happened-and-what-it-means-for-ethereum-9e5dc29e33ce

Making anything available to anyone is quite a dangerous thing. Can this happen again? Who thinks about it?

A hack like that has a very less chance of happening yet again but you never know programmers are so smart that they somehow find a loophole in the code or software and they use it as a leverage, so no one can promise you that such a thing will happen again or not. And one might wonder why they do so, one is a easy guess, for money, other one is that they just want recognition or they want to hack it just for the sake of it.

[BCEmporium]

Everything is possible nothing can be fully secured. I will not be surprised if bitcoin is also hacked in the future. We need to stop these so called hackers to steal our coins.

Maybe we can take action together ? Or we could trace their accounts and ban them.

People are still getting caught by pishing scam attempts. They don't act carefully and they lose their wallets. That's why having a secured wallet and computer is important to be in safe side.

We can't take action, they're anonymous.

The same has been happening with traditional banking, emails, Paypal, etc. for a long time too. It's really nothing new. I'm sure this kind of problem existed hundreds and even thousands of years ago as well.

[sthgaurav]

Unfortunately it can still happen. I'm following ETH hackhathons(where alt coin project team put some eth into one address and hackers try to get the money. aim is to prove how secure is the system) closely. and I can say that most of the time hackers are succeeding to get eth from the specified addresses. so it really concerns me.

That's really interesting stuff.. So its not safe.. 😣

[sthgaurav]

Everything is possible nothing can be fully secured. I will not be surprised if bitcoin is also hacked in the future. We need to stop these so called hackers to steal our coins.

Maybe we can take action together ? Or we could trace their accounts and ban them.

People are still getting caught by pishing scam attempts. They don't act carefully and they lose their wallets. That's why having a secured wallet and computer is important to be in safe side.

We can't take action, they're anonymous.

The same has been happening with traditional banking, emails, Paypal, etc. for a long time too. It's really nothing new. I'm sure this kind of problem existed hundreds and even thousands of years ago as well.

You mean bank joins haha

[BCEmporium]

Everything is possible nothing can be fully secured. I will not be surprised if bitcoin is also hacked in the future. We need to stop these so called hackers to steal our coins.

Maybe we can take action together ? Or we could trace their accounts and ban them.

People are still getting caught by pishing scam attempts. They don't act carefully and they lose their wallets. That's why having a secured wallet and computer is important to be in safe side.

We can't take action, they're anonymous.

The same has been happening with traditional banking, emails, Paypal, etc. for a long time too. It's really nothing new. I'm sure this kind of problem existed hundreds and even thousands of years ago as well.

You mean bank joins haha

I'm sorry, but what? I don't understand what you mean.