HOLY CRAP!!!
I wonder how something like this will affect the price of ETH?
https://www.ethnews.com/quadrigacx-provides-explanation-for-costly-code-error
Lost $14,000,000 USD in ETH?
7 years ago by bp423 (36)
$0.20
- Past Payouts $0.20
- - Author $0.18
- - Curators $0.02
Yeah this is a huge reminder to check your math with ETH contracts! Luckily the exchange will eat the loss and hopefully won't affect investors... seems like an honorable exchange, interesting that I've never heard of them before this. Will have to check them out.
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@bp423 eth will only rise
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Why ?
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ETH always rises. It can compete with btc at this time. BTC is in trouble with thransaction fees and other stuff.
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agree, ETH expanding indeed
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Moral of the story, don't forget to add the prefix of 0x on Hex values. Bahaha rookie mistake lesson learned :)
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QuadrigaCX is a great exchange. Lots of funding and withdrawal options. I hope they can recover from this.
Shouldn't they be able to recover the coins once the contract ends?
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wouldn't they have to do a hard fork like the did after the DAO hack?
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"The exchange took full responsibility for this error and has ensured that there has been no impact on account funding. In a reddit post, the company's official account reported that "all withdrawals, including Ether, are being processed as per usual and client balances are unaffected."
The exchange caused their own problem. The DAO was based on the Ethereum protocol and was hacked. Two very different situations.
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oh noooooooo!!!
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Saw this a few days ago, still can't believe that Canada's #1 exchange can have a mess up this bad.
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