Hackers hit yet another Ethereum platform, stealing over $8m (£6m) in the second Initial Coin Offering (ICO) hack in a month. Veritaseum founder Reggie Middleton confirmed the hack, adding that the hackers stole $8.4m worth of Ethereum and "dumped all of them within a few hours into a heavy cacophony of demand".
Read More At: http://www.ibtimes.co.uk/veritaseum-hack-8-4m-worth-ethereum-stolen-by-hackers-yet-another-heist-1631745
Wow! That is a huge hack @nosacapital Starts to make me nervous about ICO's in general. Maybe they don't have the security capacity they need?
Agreed! Something has to be done. It is pretty obvious that the security of these exchanges in general is frankly speaking dreadful. One wonders how many more times this can go on.