153k Ether Stolen in Parity Multi-Sig Attack
etherscan.io
153k Ether Stolen in Parity Multi-Sig Attack
1–10 of 754 posts
Re: 153k Ether Stolen in Parity Multi-Sig Attack
#2Let me guess... another hard fork to undo this.
Re: 153k Ether Stolen in Parity Multi-Sig Attack
#3That's like 30 Million USD at current prices? This is close to the DAO hack in USD value, not another fork now surely?
Re: 153k Ether Stolen in Parity Multi-Sig Attack
#4Can someone ELI5?
I use Parity, I have a wallet contract deployed, it's night and I'm wearing sunglasses.
Re: 153k Ether Stolen in Parity Multi-Sig Attack
#5Can anyone explain? Don't know what I'm looking at.
Re: 153k Ether Stolen in Parity Multi-Sig Attack
#6That's like 30 Million USD at current prices? This is close to the DAO hack in USD value, not another fork now surely?
A hard fork couldn't undo the damage if everybody wanted to. The exploiter/hacker/scammer, whatever you want to label them, can move ETH into other coins on exchanges immediately. This will cause an innocent party to buy them, removing any chance of reversal affecting the person[s] responsible.
During the DAO hack, the funds were prevented from moving anywhere so a hard fork caused a direct reversal.
That's my understanding, anyway.
Re: 153k Ether Stolen in Parity Multi-Sig Attack
#7Let me guess... another hard fork to undo this.
The same old tired snark, in every single Ethereum-related story.
Re: 153k Ether Stolen in Parity Multi-Sig Attack
#8Parity shipped with a built-in Solidity contract to implement multi-sig wallets. That contract had a vulnerability that is now being exploited.
Importantly, the contract is not part of the Ethereum protocol, so other implementations and non-multi-sig Parity wallets are safe.
Re: 153k Ether Stolen in Parity Multi-Sig Attack
#9Can someone ELI5? I use Parity, I have a wallet contract deployed, it's night and I'm wearing sunglasses.
Re: 153k Ether Stolen in Parity Multi-Sig Attack
#10For some context: http://www.coindesk.com/30-million-ether-reported-stolen-par...