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ID:

coindash-796

Date:

Status:

Incident Count:

July 19, 2017

Verified

1

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REKT

Contributor:

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zerofriction.io

KYC By:

KYC:

None

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Audit By:

Audits:

None

Loss Amount:

7,400,000

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Recovered:

-

Rewards:

Currency:

USD, CoinDash

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Key Indicators

Platform:

Type:

Category:

Method:

Data Sources:

Ethereum

ICO

Front-end Vulnerabilities

Extended Method:

Front end manipulation, fake web site

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Days in Operation:

0

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Hacker steals $7.4 million in ethereum during CoinDash ICO launch. At the time of the ICO, in which CoinDash posted a string of characters which represented its wallet address for investors to send funds to, it appears that the hacker compromised the website and changed this text to a wallet they control. It was a matter of minutes before the platform realized the security breach had taken place and warned investors, but it was too late -- and now the stolen funds intended for CoinDash are simply sitting in a wallet awaiting collection.

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