The DAO is Under Attack, Ethereum Price Suffering

in #crypto-news8 years ago

 If you are wondering what is the reason for the sudden drop of the  exchange rates of Ethereum all around, well it seems that the DAO has  been attacked an somebody apparently found a way to steal a lot of ETH  coins. There is still not a lot of official information regarding the  issue, but until the situation is resolved and everything is clear you  should be very careful trading DAO tokens and Ethereum Ether coins. It  seems that the smart contracts are as smart as their authors and  wherever there are a lot of money stored with automated control they  always attract people willing to find a way to steal them, especially if  they are not secured well enough. This could as well be the end of DAO  if the situation is not taken care of good enough, but it will  undoubtedly also hurt Ethereum. Hopefully things will soon clear out and  we would be able to continue with the usual things like mining etc. – For more details about the current situation and how you might be able to help… 

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that's kind of old news, hardfork is being implemented in two days ..