Another parity fail !! ?

[khufuking]

Here is another Parity fail https://paritytech.io/blog/security-alert.html . I got this tweet from someone , ( So someone managed to accidentally make all Parity multisig wallets suicide ) , Now how bad this is !! I am very limited knowledge when it come to smart contracts so I really do not know about the effect of this on current running ICOs !?

[d57heinz]

Accident I’m not so sure of. What a mess. https://twitter.com/myetherwallet/status/927900639832748032
Too much money in unproven tech that’s for damn sure!

BR

[jennal]

Cannot belive this so much money went on drain...

[TimtheYoutuber]

This is very unfortunate, but this is not the first time as you pointed out. We should be more skeptical now.

[tony_b]

Parity is turning into a nightmare! Just shows how vulnerable ETH can be!

[khufuking]

Accident I’m not so sure of. What a mess. https://twitter.com/myetherwallet/status/927900639832748032
Too much money in unproven tech that’s for damn sure!

BR

Just wow I laughed so hard at ( I am the newbie just learning ) part , I am really speechless . But from the look of it they can just kill the contract but can not take any tokens or ETH from it!? .

Parity is turning into a nightmare! Just shows how vulnerable ETH can be!

Seems like parity is not aware of how much money running threw it , The vulnerability is discovered buy a guy who is still just learning . 

[Sanglotslongs2]

How can it be possible. Smart contract that accept ordrer from random account ? It seems not hard to make this. I hope he'll not be in court for that. Bad coding need to be corrected.

[kolesozw]

It's pity. Second big fail for just few months costing millions of investments and trust.

Hopefully they will finally fix they f**ing software.

[Maren]

Accident I’m not so sure of. What a mess. https://twitter.com/myetherwallet/status/927900639832748032
Too much money in unproven tech that’s for damn sure!

BR

Just wow I laughed so hard at ( I am the newbie just learning ) part , I am really speechless . But from the look of it they can just kill the contract but can not take any tokens or ETH from it!? .

Parity is turning into a nightmare! Just shows how vulnerable ETH can be!

Seems like parity is not aware of how much money running threw it , The vulnerability is discovered buy a guy who is still just learning . 

The question is... how these things haven't been found by the earlier reviewers. The chances of such errors in code being random are slim.

[blozo]

Funds in the multi-sig parity wallet are apparently only "frozen" and not stolen

[delpiero10]

Funds in the multi-sig parity wallet are apparently only "frozen" and not stolen

frozen forever...

[anotherbit]

Polkadot wallet is among frozen wallets. So it alone is 485.331 ETH or aprox. $145M almost half of frozen founds.

What does that mean for ICO contributors?


Which another ICO wallets frozen too?

List available?

If hardfork is needed they theoretically can implement fixes in coming Consttantinople hardfork.

[MoonIsBlue]

Polkadot wallet is among frozen wallets.

What does that mean for ICO contributors.


Which another ICO wallets frozen too?

List available?

If hardfork is needed they theoretically can implement fixes in coming Consttantinople hardfork.

To my knowledge: Iconomi and Polkadot

Someone apparantly turned a smart contract address into a multi-sigwallet, declared ownership and suicided it. destroying the library all the multi-sig wallets depend on.

[BTCMILLIONAIRE]

Would a hard fork for fixing this problem "reset" transactions to before this mess happened? Or how would that play out exactly exactly?

[Pab]

There is long article about it on coindesk https://www.coindesk.com/ethereum-client-bug-freezes-user-funds-fallout-remains-uncertain/

100 mln $ in ether is frozen,one time again Parity .Parity was also late on eth fork.Very poor service

[MoonIsBlue]

Would a hard fork for fixing this problem "reset" transactions to before this mess happened? Or how would that play out exactly exactly?

Seems like a fork is the only way out, unless the Parity devs can perform a miracle

[BTCMILLIONAIRE]

Would a hard fork for fixing this problem "reset" transactions to before this mess happened? Or how would that play out exactly exactly?

Seems like a fork is the only way out, unless the Parity devs can perform a miracle

Wouldn't a fork reset all transactions for everyone though? Even those who didn't have any funds on Parity?

[MoonIsBlue]

Would a hard fork for fixing this problem "reset" transactions to before this mess happened? Or how would that play out exactly exactly?

Seems like a fork is the only way out, unless the Parity devs can perform a miracle

Wouldn't a fork reset all transactions for everyone though? Even those who didn't have any funds on Parity?

Don't know honestly but likely yes.. they use the same chain, I see a lot of people speculating on it.. Parity sure made a name for itself now.

https://etherscan.io/address/0xae7168deb525862f4fee37d987a971b385b96952

This is devops199 (the perpetrator) transaction history, if you go to the internal history TX's then you can see the commands he was executing.

[shursight]

Yes, looks like if all the multisignature wallets that have been created after july20th, have been hacked.. But we are lucky because that fucking hacker is not going to be able to dump those funds, and it was a giant amount of money, but it is impossible to dump them because he doesnt have the right to do so.
Poor of those people who had a lot of funds in those wallets, but yes, probably they were not using a safe wallet and they got hacked easily, i am lucky because i dont have funds in eth, only in bitcoin, maybe i have less than 0.20 eth but it doesnt count at all..

[rigel]

How can it be possible. Smart contract that accept ordrer from random account ? It seems not hard to make this. I hope he'll not be in court for that. Bad coding need to be corrected.

Once released, Ethereum smart contracts can't be modified.
There's no way to correct it.