Coindash "GOT" HACKED lost 43,438 ETH

in #cryptocurrency7 years ago (edited)

This was my first ICO ever, I guess Coindash could become solid product, so I send 50 ETH to their account listed on their web page Coindash.io

After several minutes I look on https://etherscan.io/address/0x6a164122d5cf7c840d26e829b46dcc4ed6c0ae48 to the address that they listed on their website to see progress of ICO. In few minutes they have collected 7.3 M $.

Few minutes later their website is down, they needed more than hour to said that they got hacked.

They have 12$M USD cap for ICO and they used Wordpress for their web site. How is this possible? Are they making fool of us or this was inside job?

It is last time ICOs got some kind of regulation and escrow service as bare minimum. I'm shore this ICO will have strong effect on all upcoming one.

Bitcoin topic: https://bitcointalk.org/index.php?topic=1894530.3500