02/03/19 09:00 UTC-4

$ 7.7 million EOS cryptocurrency was stolen by a hacker

EOS cryptocurrency theft worth $ 7.7 million
EOS cryptocurrency theft worth $ 7.7 million

The hacker stole about $ 7.7 million EOS cryptocurrency. The theft was discovered last week by the owner of EOS cryptocurrency called EOS42. The robbery occurred after one of the 21 supporters of the EOS blacklist failed to cope with its task, allowing the hacker to crack the system.

The hacking was started by EOS42, the EOS cryptocurrency network owners community, the data were published in the public EOS telegram.

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EOS hacking

The unnamed user who discovered the hacking followed the standard security procedure of the EOS 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
, which allows blacklisting of malicious accounts. The list included the notification of the 21st block manufacturer about the EOS address of the malicious account.

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Miners should update the blacklist of banned EOS addresses. Platforms for tradingTrading
– is an economic term that means the process of independent trade, independent analysis of the market and the conclusion of trade transactions.Details
digital assets use this list to ban malicious accounts and prevent the transfer of stolen funds. However, the system implemented to prevent hacking, could not cope in this case.

$ 7.7 million EOS cryptocurrency was stolen by a hacker. The EOS42 team explained in a blog post that hacked accounts can be cleared, even if only one of the best manufacturers of 21 blocks does not have an updated blacklist.

Editor: Yuliya Soroka

See also: "Cryptocurrencies in Siberia, or 6 unexpected facts about digital money in Irkutsk"

#cryptocurrency #EOS #hacker #theft



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