Blog | G5 Cyber Security

Hacker stole $7.4 million in Ether cryptocurrency in 3 minutes

CoinDash, a startup meant for investors to stake claims in its app, which is in development, was hacked during its Initial Coin Offering (ICO) CoinDash maintains that a hacker made off with the Ether, which comes from the app platform ethereum, during its ICO. A hacker changed the wallet address on CoinDashs website to his or her own, therefore, investors were sending their Ether to the hacker. That hacker reportedly managed to make over $7 million in three minutes.”]

Source: https://www.csoonline.com/article/3209130/hacker-allegedly-stole-7-4-million-worth-of-ether-in-three-minutes.html

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