CoinDash, a blockchain startup focusing on cryptocurrency social trading and portfolio management platforms, has just sent out an urgent warning to investors regarding a severe cyber security breach of its crowdfunding page.
The CoinDash warning reads:
“This is an emergency message delivered to you in order to stop you from sending your money to an unauthorized ETH address.
It seems like our Token Sale page was tampered and the sending address was changed. Please stop from sending your funds to any of the addresses until we say otherwise.
We are currently examining the situation and will shortly send further instructions.”
The CoinDash Token Sale only started a bit earlier today (July 17th, 2017), and was supposed to last for 28 days or until the funds raised reach a $12 million hard cap.
Background
In June, Finance Magnates conducted an interview with Alon Muroch, the CEO and co-founder of Coindash. The interview was broadcast live and a video recording is available here:
Like popular social trading services in the forex and CFDs space, the Coindash platform will enable cryptocurrency investors to manage and analyze their portfolios, share insights about the market and display achievements, as well as copy-trade and receive trading signals.
Coindash’s current partners include CryptoCompare, Smith & Crown and RSK Labs, WINGS, ethere.camp, Antshares and HyperChain Capital. Back in May 2017 Coinsilium Group Limited (NEX:COIN), the London-based blockchain venture investment fund, confirmed that it has completed its investment of $75,000 in Coindash.
Happy Steeming....