$7 Million Lost in CoinDash ICO Hack

CoinDash was to begin today with the hyped of the ICO. This author was in the process of screening for the CNN's sister site hacked when we found out that there was a hack. Therefore, we can not fully investigate ICO's date. But some people have sent the wrong address in Ether.

The author was somehow aware of the overview of the platform, or something like this:

In a statement, CoinDash wrote in three languages:

"It is unfortunate for us to announce that we have suffered a hacking attack during our Token Sale event. During the attack $7 Million were stolen by a currently unknown perpetrator. The CoinDash Token Sale secured $6.4 Million from our early contributors and whitelist participants and we are grateful for your support and contribution. […] The CoinDash vision, product and team will continue to live on. We will be fast to recover and we will create the future of trading. […] Reminder: We are still under attack. Please do not send any ETH to any address, as the Token Sale has been terminated."

ICO's are increasingly known for scams and attacks as people have realized that the newcomer cryptos could soon be separated from Ethereum. People are sent to the wrong address with several ICO's, and although behind the start-ups, ICO is not responsible for itself, others may be retained. That's which business space is cryptocurrecy.

Worse still, there is ICO, which is actually a scam itself, like the recent Eros.vision, which promised to stop the federal prostitution being ineffective - and promised to make each owner, permission, supplier and buyer of Pimp. What's ridiculous, but how the law should be interpreted for chip owners. Such a platform could be useful in jurisdictions where prostitution has already been legalized, but given that the two who started saying that they were Silicon Valley seems more likely to be deceiving something else.

What is the speedy financing ICO has undoubtedly been attractive fraudsters considering this as an opportunity for quick and profitable revenue for potential investors. One tactic is to direct email and tell people that if they want an early sale, they have to send money to this address. It turns out that this is not official, and in most cases it succeeded. This is among other things methods - in the case of CoinDash today, your entire site is hacked.

It is hoped that the community is better at maintaining order.