Cryptocurrency

25/04/19 11:00 UTC-4

An unknown hacker stole $ 8 million from Ethereum wallets

$ 8 million in Ethereum stolen by an unknown hacker
$ 8 million in Ethereum stolen by an unknown hacker

Today there was information about the theft of more than 45 000 Ethereum coins. An unknown hacker hacked into private keys on the Ethereum network and stole cryptocurrency worth about $ 8 million. Information about the theft was made public by the Wired agency.

 

Ethereum theft by an unknown hacker

On April 23, a global theft was committed on the Ethereum network. An unknown hacker unraveled the vulnerable places in the coin depositories and stole more than 45,000 ETH. The cyber security officers of Independent Security Evaluators (ISE) were the first to announce the theft.

As it was commented by law enforcement officers, the hacker managed to crack 732 keys in the Ethereum network and quietly steal almost $ 8 million from ETH. Representatives of Independent Security Evaluators (ISE) said that the theft was made possible due to the unreliability of the Ethereum blockchainBlockchain
is a continuous and sequential block chain of information (digital linked list). When building a blockchain, copies of related blocks are simultaneously stored on multiple computers.Details
.

Interesting in the section: MyEtherWallet – browser wallet for Ethereum and ERC-20 tokens

“We assumed that the combination of characters that make up the private key should be statistically improbable (...) We solved the theft method and managed to unlock 12 keys in the same way as the criminal (...)Having access to the wallets, he I also had the opportunity to make transactions to his address without hindrance.” Adrian Bednarek, Independent Security Evaluators (ISE) analyst

In addition, the report states that the main reason for the theft is the weak Ethereum wallet protection system. An unknown hacker managed to steal $ 8 million from Ethereum wallets. Recall that recently, hackers managed to crack the account of the ruling party of Sweden and change the national krone to Bitcoin.

 

Editor: Pereyidenko Ihor

See also: "Bitcoin rate unexpectedly rose above $5,500"

#Ethereum #theft #hackingwallet #cryptocurrencywallet #IndependentSecurityEvaluators #cryptocurrency #Eth

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