Hack in Parity Wallet — Another Ethereum ICO Lost MIllions !
Parity is the multisig wallet for Ethereum used by ICOs. It was already hacked before and many projects lost their funds.
Today this happened again. Polkadot ICO which raised 145 599 300 USD got hacked.
This were not all funds but there is bigger problem.
Due to this vulnerability loads of ICOs and people using the wallet cannot move funds! There literally millions worth of coins that cannot be used right now.
So hacker also cannot steal them now.
Will we see another fork after theDAO fiasco?
Time will tell.