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November 7, 2017 06:00 pm
Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/s6X7qlhVkHs/someone-accidentally-locked-away-300m-worth-of-other-peoples-ethereum-funds
Someone 'Accidentally' Locked Away $300M Worth of Other People's Ethereum Funds
On Tuesday, a single user "permanently" locked down dozens of digital wallets containing nearly $300 million dollars worth of ether, the unit of exchange on the Ethereum platform, allegedly by accident. From a report: Now, some in the Ethereum community are considering the possibility of a risky network split, known as a "hard fork," to fix it. The affected wallets -- known as "multisignature" wallets because they require multiple people to sign off before funds are moved, making them popular with companies -- were all created with Parity, a popular program for digital wallets. Parity multisignature wallets experienced a bug in July that allowed a hacker to steal $32 million in funds before the Ethereum community scrambled to band together to hack back and secure the rest of the vulnerable ether.Read more of this story at Slashdot.
Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/s6X7qlhVkHs/someone-accidentally-locked-away-300m-worth-of-other-peoples-ethereum-funds
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