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Detail Analysis

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Date:

Status:

Count:

Contributor:

July 20, 2017

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Verified

1

zerofriction.io

Loss Amount:

30,000,000

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Recovered Amount:

-

Currency:

Dollars, ETH

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

Smart Contract

Contract Vulnerabilities

Extended Method:

Initialization error

Data Sources:

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On July 29, 2017, the Ethereum multi-signature wallet company Parity issued a security alert, notifying users of serious vulnerabilities in its wallet v1.5 or later. That day, a black hat hacker used the vulnerability to exhaust the Parity wallets of three Ethereum projects, stealing a total of 153,037 ETH from Swarm City, Edgeless, and Aeternity. The attacker sent two transactions to each of the affected contracts: the first to obtain exclusive ownership of the MultiSig, and the second to move all of its funds.

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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.