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The Hacker Returns $17 Millions Worth Of Stolen Ethereum !

The Hacker returns $17 millions worth of stolen Ethereum !


An Israeli cryptocurrency venture called Coindash was preparing for the Initial Currency Offer (ICO), exactly every bit shortly every bit the sale began, a hacker intercepted the company’s website together with stole nearly 43,000 worth of Ethereum. At the time, the stolen cryptocurrency equivalent to the the United States $ 7.4 million, exactly today it costs roughly the United States $ 35 million.



The incident took house when hackers breached the CoinDash’s website together with replaced the official Ethereum address to a fraudulent Ethereum address. The users together with hence sent ETH to the fraudulent Ethereum address rather than the CoinDash’s official address.

It seems the hacker seems to get got regretted it together with at that topographic point is a alter of heart. Almost a twelvemonth afterwards the robbery, he returned $ 17 1000000 of stolen Ethereum. In September final year, nearly 10,000 Ethereum were returned to Coindash from the attacker’s address. Now, final Friday, he returned some other xx yard Ethereum.

Currently, the hacker even hence ain 13,000 inwards Ethers stolen of the initial amount, which indicates that they powerfulness furnish to a greater extent than money.

In their official weblog ,the fellowship confirmed the furnish of the cryptocoins together with claims that it has already informed the government including the Counter Cyber Terrorist Unit inwards Israel. In add-on to continuing to runway together with monitor the hacker’s address inwards illustration of whatsoever suspicious activity.

“Similar to the hack itself, the hacker’s actions volition non preclude us from the realizing our vision, CoinDash production launch volition accept house side past times side calendar week every bit originally intended,” said Alon Muroch, CoinDash CEO.

Here are xiii cryptocurrency breaches which took house from July 2017 to Feb 2018:

1: July 4th, 2017: Bithumb hacked together with 1.2 billion South Korean Won stolen.
2: July 17th, 2017: CoinDash hacked together with $7 1000000 inwards Ethereum stolen.
3: July 24th, 2017: Veritaseum hacked together with $8.4 1000000 inwards Ethereum stolen.
4: July 20, 2017: Parity Technologies hacked together with $32 Million inwards Ethereum stolen.
5: August 22nd, 2017, Enigma marketplace hacked together with $500,000 inwards Ethereum stolen.
6: Nov 19th, Tether hacked together with $30 1000000 worth of tokens stolen.
7: Dec 7, 2017: NiceHash hacked together with $70 1000000 stolen.
9: Dec 21, 2017: EtherDelta hacked together with $266,789 inwards Ethereum stolen.
10: Jan 26th, 2018: Coincheck hacked together with $534 Million stolen.
11: Jan 29th, 2018: Experty ICO hacked together with $150,000 inwards Ethereum stolen.
12: Feb 3rd, 2018: BeeToken’s ICO Phishing Scam; $1M worth of Ethereum Stolen.
13: Feb 12, 2018: BitGrail telephone substitution hacked; $160 1000000 inwards Nano stolen

However,The hacker, whose identity is even hence unknown, hijacked the site together with apace stole 43,000 ether tokens, CoinDesk reported. The thief even hence has 13,400 ETH tokens (worth $11.6 1000000 using today's price), which is nearly one-quarter of the total he originally snatched.