Last month, over half a million ether tokens were frozen due to a software malfunction triggered by a user.
The issue was connected with the new multi-signature wallets of a start-up called Parity Technologies. The firm quickly updated users and stopped access to the wallets after an important piece of code was “accidentally” wiped by a user named devops199.
The locked tockens equate to hundreds of millions of dollars at today’s prices. Nothing was stolen, but the funds cannot be accessed.
The situation is ongoing, as is discussion ... (read more)