Ethereum Parity Bug Destroys Over $250 Million In Tokens

Ethereum Parity Bug Destroys Over $250 Million In Tokens

If you are into cryptocurrency or blockchain at all, you will have heard about the Ethereum Parity Bug that has basically thrown $280 Million value or more of Ethereum tokens in the bin.

It’s a bit of a mess really, and a mistake by the developers who introduced it after fixing another bug back in July to do with multisig wallets (wallets which multiple people have to agree to transactions).

You can see the thread on Github here: anyone can kill your contract #6995

There’s a lot of hair-pulling among Ethereum alt-coin hoarders today – after a programming blunder in Parity’s wallet software let one person bin $280m of the digital currency belonging to scores of strangers, probably permanently.

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