280m ethereum bug

The Hegic team has pledged to reimburse all affected users with their own money, though the funds will be forever locked up in the smart contracts. It backpedaled two days later after the community, as well as the independent team that reviewed its code, said that the vulnerability was caused by a bug that could have easily been avoided.

It's a bug, not a "typo". You're downplaying the severity of the bug. Trail of Bits recommended that Hegic delay the launch of its mainnet. Danger to DeFi Guido said that the misrepresentation of security audits by malicious or ill-informed teams is pernicious for the whole of Ethereum and DeFi. But the bug was still exploited, by accident or not, and Parity ended in a controversial hard fork that split Ethereum into two chains to recover the lost ether.

Hey guys just a quick update WIRED did deep dives into the ubiquitous and extremely clever Mimikatz password hacking tool , the crippling deluge of spam attacks journalists can receive in retaliation for controversial reporting, and the never ending question of whether Facebook is always listening to users' lives through their smartphone microphones.

The Pentagon has spent more than a year working with civilian hackers to find vulnerabilities in their systems—and the collaboration is actually making the Department of Defense more secure. Chrome is taking steps to block annoying, unwanted and sometimes dangerous webpage redirects. And that effective Netflix phishing scheme is making the rounds once again. It could be coming soon to an inbox near you! And while you're at it, make sure your cryptocurrency is safe , too.

And there's more. Click on the headlines to read the full stories. And stay safe out there. The company released a security alert on Wednesday. The flaw created a situation where Parity's multi-signature wallets that require multiple sign offs on transactions could be converted to individual wallets and taken over by a new single owner. A user, known on some sites as "devops," triggered the bug this week apparently by accident , gaining sole access to a number of formerly multi-signature wallets.

From there the user eliminated their own access to the wallets—perhaps in a misguided attempt to undo what had happened. This is called killing or "suiciding" your wallet connection, because it means that no one will ever be able to access the wallet and whatever is in it will be stuck.

A possible solution would be a "hard fork" of Ethereum that would undo the situation and restore the trapped currency—kind of like a parallel universe in which the incident never occurred. As part of its Vault 7 release, Wikileaks already published documentation about Hive earlier this year. Wikileaks notes that one example of a forged Hive certificate pretended to come from the antivirus vendor Kaspersky Labs.

Our customers, private keys and services are safe and unaffected.

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This is not investment advice. The author has no position in any of the stocks mentioned. Well, no one is going to blame you for not recalling that particular story since the past four months have been all about hackers making money in Ethereum by exploiting security flaws. The July incident saw a hacker make millions by exploiting a security flaw in Parity, an Ethereum wallet client. Now someone has triggered a critical security vulnerability in Parity multi-sig wallet paralyzing wallets created after July 20th.

The Hype Around XEN Crypto Turns Ethereum ETH Deflationary In a security advisory , the company said that currently no funds can be moved out of the multi-sig wallets due to this issue that was actually a part of the fix that was released to patch up the original multi-sig issue exploited in the July hack Following the fix for the original multi-sig issue that had been exploited on 19th of July function visibility , a new version of the Parity Wallet library contract was deployed on 20th of July.

As part of its Vault 7 release, Wikileaks already published documentation about Hive earlier this year. Wikileaks notes that one example of a forged Hive certificate pretended to come from the antivirus vendor Kaspersky Labs. Our customers, private keys and services are safe and unaffected. Security experts also noted the potential dangers of the Vault 8 source code releases.

While they said the Hive publication is unlikely to particularly aid malicious hackers, future releases might. For example, the alleged NSA Windows exploit known as Eternal Blue was leaked by hackers known as the Shadow Brokers in April and was subsequently used in damaging cyber attacks like the WannaCry ransomware outbreak.

Websites Owned by the Trump Empire Were Hacked Years Ago Hackers compromised at least websites owned by Donald Trump, his businesses, or his family in as part of a campaign that may have originated in Russia. Researchers say that users who visited the hijacked sites—which included domains like donaldtrump. Many of the URLs were not in active use. The attackers' redirect pages contained common malware like ransomware and password theft tools.

The hacked sites were slowly reclaimed from the hackers and purged over the years, but the AP reports that the last of the still-compromised sites weren't fixed until last week when AP reporters asked the Trump Organization about the situation.

It is unclear whether any of the sites succeeded in victimizing unsuspecting internet users, and the identity of the hackers is still unknown. They may or may not have been working for the Russian government or at all related to the attackers who infiltrated the DNC. Trump representatives deny that the websites were hacked. The company is also embroiled in dozens of state and federal investigations plus inquiries from Canada and the United Kingdom as a result of the massive blunder.

And lawsuits against the company are working toward class action status. The company says it still cannot estimate the final total of what the breach will cost.