Tag: CoinDash

CoinDash Recovers Another 20,000 Ether in Stolen ICO Funds

The world of cryptocurrency is full of surprises. Some of these surprises work out quite well, whereas others seemingly make no sense. After getting hacked in 2017, the CoinDash ICO team has received a second “reimbursement” from their attacker without further explanation. The CoinDash ICO Saga Continues When CoinDash conducted its ICO last year, a lot of people were excited about what this team could bring to the table. Unfortunately, all of …
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Four Major Cases of Hacking a Smart Contract or Why Thinking Ahead is Important for an ICO Project?

When you approach a vending machine and insert a coin, you expect to receive a can of soda or tasty snack in return. The same thing happens when you use blockchain technology to exchange cryptocurrency for any service or vice versa. It’s called, a “smart contract,” and it’s expected that this process is automatic; nothing can happens to alter it. Well, the process itself remains the same, but the terms …
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CoinDash ICO Hacker Returns 10,000 Ether Without Any Demands

The CoinDash project attracted a lot of attention during its ICO. Establishing a new type of trading platform will not be easy, but the team feels they can pull it off. Unfortunately, their ICO was hit by a major theft of coins, which saw an unknown assailant steal 44,000 ETH. Considering the vast amount of money this represents, losing these funds could have crippled this or any other project. However, the …
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CoinDash Cryptocurrency ICO Website Hacked, Assailant Steals US$7m Worth of Ethereum

It is neither the first nor the last time we will see a cryptocurrency ICO suffering from a major hack. The InsureX ICO was affected by a large hack not too long ago. CoinDash, a new cryptocurrency, has reported that over US$7 million worth of Ethereum was stolen in about 30 minutes. That is a major problem for any cryptocurrency ICO, even though the team is working on issuing tokens to the …
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