Stealing $7 million of Ethereum from CoinDash took a hacker just 3 minutes

BetaNews
By Mark Wyciślik-WilsonJul 18, 2017, 5:28 am401 pts
A lightning-fast raid on a cryptocurrency platform's website earned a hacker $7 million in three minutes yesterday. Moments after CoinDash launched its ICO (Initial Coin Offering, the cryptocurrency version of an IPO), the attacker modified the address of the wallet it used and watched as millions poured…

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