Security News > 2017 > July > Hacker Uses A Simple Trick to Steal $7 Million Worth of Ethereum Within 3 Minutes (The Hackers News)

All it took was just 3 minutes and 'a simple trick' for a hacker to steal more than $7 Million worth of Ethereum in a recent blow to the crypto currency market. The heist happened after an Israeli blockchain technology startup project for the trading of Ether, called CoinDash, launched an Initial Coin Offering (ICO), allowing investors to pay with Ethereum and send funds to the fraudulent

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http://feedproxy.google.com/~r/TheHackersNews/~3/6mEHnX9t6Vw/ethereum-cryptocurrency-heist.html