Home Hacking News A hacker was able to steal $7 million from CoinDash Platform

A hacker was able to steal $7 million from CoinDash Platform

by Unallocated Author

An anonymous hacker was able to hack the official website of the CoinDash (blockchain company) platform and steal more than $7 Million worth of Ethereum by fooling CoinDash’s investors into sending “43438.455” Ether to the wrong address owned by the hacker.

According to CoinDash:
“It is unfortunate for us to announce that we have suffered a hacking attack during our Token Sale event. During the attack $7 Million were stolen by a currently unknown perpetrator. The CoinDash Token Sale secured $6.4 Million from our early contributors and whitelist participants and we are grateful for your support and contribution.”

The company said that it’s responsible to all of its contributors and will send CDTs reflective of each contribution. It also said that transactions sent to any fraudulent address after the website was shut down will not be compensated.

“CoinDash will credit investors who sent ETH to the fraudulent address with the CDT amount they would have received by sending their ETH to the correct smart contract address. We are currently gathering information regarding each of the attack victims and will release the complete list for our contributors and community review shortly. CoinDash will further compensate its contributors using the resources at its disposal. More details will be released as soon as we have a complete list of all the people who were affected by this attack.”

There are no additional details available about the breach and the worst thing is that the company is still under attack.

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