$50M in ether stolen
DAO, a fund that invests in ether, an alternative cryptocurrency to bitcoin, has been robbed $50M equivalent in ether. The hacker might have taken advantage of the recursiveness in ether's programming language to replicate multiples times one transaction. Thanks to ether peculiarities, the total amount of money is expected to be recovered.
- 18/06/2016 wired.com A $50 Million Hack Just Showed That the DAO Was All Too Human
- 18/06/2016 blog.erratasec.com/ Ethereum/TheDAO hack simplified