We are still under attack, $7 Million Usd worth stolen at Initial CoinDash's ICO

in #news7 years ago (edited)

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It is unfortunate for us to announce that we have suffered a hacking attack during our Token Sale event. Please take precautions of you were considering this ICO.

I am Financial Engineer and i model financial assets sources of risk, using math and computer science. There are several types of classifications for risk. Operational risk would be how we can describe this that has recently announced by Bloomberg markets, here the history


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And here the dazzling statement about the issue. See for your self


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I found this event as a big reminder, we are in the very very early stages of this transformation to the financial system, the ICOs apart from their risky nature since it implies to support a project that doesn't have actually been validated with a MVP, plus their now kind of common "Hyper-Hype" of prices from no other source than speculation and a bit of greed. There is a lot of work still to do regarding security and operational risk about this new world we are building.