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Detail Analysis

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Date:

Status:

Count:

Contributor:

July 19, 2017

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Verified

1

zerofriction.io

Loss Amount:

7,400,000

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Recovered Amount:

-

Currency:

Dollars, CoinDash

KYC By:

Audit By:

None

None

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Website:

No data

Twitter:

No data

Discord:

No data

Telegram:

No data

Medium:

No data

Github:

No data

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Key Indicators

Platform:

Type:

Category:

Method:

Ethereum

ICO

Front-end Vulnerabilities

Extended Method:

Front end manipulation, fake web site

Data Sources:

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Hacker steals $7.4 million in ethereum during CoinDash ICO launch. At the time of the ICO, in which CoinDash posted a string of characters which represented its wallet address for investors to send funds to, it appears that the hacker compromised the website and changed this text to a wallet they control. It was a matter of minutes before the platform realized the security breach had taken place and warned investors, but it was too late -- and now the stolen funds intended for CoinDash are simply sitting in a wallet awaiting collection.

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DISCLAIMER: While Zero Friction LLC has used the best efforts in aggregating and maintaining this database, Zero Friction LLC makes no representations or warranties with respect to the accuracy or completeness, and specifically disclaim any implied warranties of merchantability or fitness for any particular purpose. 

Under no circumstances, shall Zero Friction LLC be liable for any loss of profit or funds, any regulatory or governmental penalties, any legal costs, or any other commercial and non-commercial damages, including but not limited to special, incidental, consequential, or other damages from any or all usage of the dataset or information derived from our database.