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Hacker Steals $30 Million Worth of Ethereum From Parity Multi-Sig Wallets
An unknown hacker has used a vulnerability in an Ethereum wallet client to steal over 153,000 Ether, worth over $30 million dollars. The hack was possible due to a flaw in the Parity Ethereum client. The vulnerability allowed the hacker to exfiltrate funds from multi-sig wallets created with Parity clients 1.5 and later. Parity 1.5 was released on January 19, 2017. The attack took place around 19:00-20:00 UTC and was immediately spotted by Parity, a company founded by Gavin Wood, Ethereum's founder. The company issued a security alert on its blog. The Ether stolen from Parity multi-sig accounts was transferred into this Ethereum wallet, currently holding 153,017.021336727 Ether. Because Parity spotted the attack in time, a group named "The White Hat Group" used the same vulnerability to drain the rest of Ether stored in other Parity wallets that have not yet been stolen by the hacker. This money now resides in this Ethereum wallet. According to messages posted on Reddit and in a Gitter chat, The White Hat Group appears to be formed of security researchers and members of the Ethereum Project that have taken it into their own hands to secure funds in vulnerable wallets. Based on a message the group posted online, they plan to return the funds they took. Their wallet currently holds 377,116.819319439311671493 Ether, which is over $76 million. |
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| Floyd Abrams |
I still owe a duty of loyalty to my clients and former clients, so I cannot specify which clients I did not especially find congenial, but the cause was the same. |
| Jack Adams |
Our task force put to sea in early January 1942, to attack the Japanese in the Marshall and Gilbert islands, but the mission was called off on the eve of the attack. |
| Darrell Issa |
Every ISP is being attacked, maliciously both from in the United States and outside of the United States, by those who want to invade people's privacy. But more importantly they want to take control of computers, they want to hack them, they want to steal information. |
| George S. Patton |
Nobody ever defended anything successfully, there is only attack and attack and attack some more. |
| Theodore Roosevelt |
A man who has never gone to school may steal from a freight car; but if he has a university education, he may steal the whole railroad. |
| Carl Icahn |
In 2008, people who invested in hedge funds needed capital badly, but many of the funds would not return their money. However, I gave money back to any investor who requested it. It was the bottom of the market and a pretty tough time. |
| Janeane Garofalo |
Men are allowed to age. Men are allowed to gain weight. Men are allowed to be quirky looking. |
| Ali Babacan |
When Turkey buys Iranian oil, we pay for it in Turkish lira... However, it is not possible for Iran to take that money as dollars into its own country due to international restrictions, the U.S.A.'s sanctions. Therefore, when Iran cannot take this money back as currency, they withdraw Turkish lira and buy gold from our market. |
| Melissa de la Cruz |
I used to write my books at night when I was a freelancer with no children. I used to really work in huge spurts - I could turn around a revision in two weeks, I used to be able to write 10,000 words a day. It's like, 'Wow, what happened to that?' That's just gone. |
| Sante D'Orazio |
I'm trained to look for certain things... I shoot, I shoot, I shoot, and then I go find it in the ether. |
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