Following recent crypto-currency news, the popular currency known as Ethereum has been driving up GPU prices and demolishing availability, has been hacked. An estimated 153,000 "Ether" has been stolen, with estimates at a value of 32.6 million US dollars.

"The initWallet function should have been marked internal, but was instead not marked. Unmarked functions default to public in Solidity, so anyone can call that function and reinitialize the wallet to be under their control"

Will this be the down-fall of Ethereum? Will we see a sudden surge of cheap, high end GPU's on the markets? One can only hope!

Read more about the wallet hack here.

 

[CallmeBerto]

Hope Ethereum tanks so I can get on it and make out like a king.

 

[T-hug]

Seems like Ether was a very apt name.

 

[migles]

finally good news to get my gpu!

@SonyUSA could you provide more info? how it was hacked, etc..
or it was stolen from that guy who got a whole warehouse with gpu mining rigs that holds the monopoly?

 

[Deleted User]

I really hope so, i want a cheap rx 480 to replace my r9 290. Also glad i sold my €50 of ethereum 2 weeks ago . Wouldve mined more but i wouldnt make much so i turned it off (my mining went from 0.44 eth to 0.3 in a few days).

*i btw didnt buy gpus to mine with, i used the gpu i already have

 

[SonyUSA]

finally good news to get my gpu!

@SonyUSA could you provide more info? how it was hacked, etc..
or it was stolen from that guy who got a whole warehouse with gpu mining rigs that holds the monopoly?

Added a link to check out more info

 

[RedoLane]

Sadly they couldn't avoid it Ether way.

 

[Sonic Angel Knight]

Cheap high end GPU? O_O

I can buy a computer with GTX 1080I that cost less than a game console like Xbox one X?

 

[Jayro]

Good, I'm tired of these cucks driving up GPU costs.

 

[Deleted User]

Cheap high end GPU? O_O

I can buy a computer with GTX 1080I that cost less than a game console like Xbox one X?

I dont think you will find a gtx 1080ti for cheap xD

 

[Armadillo]

finally good news to get my gpu!

1080ti wasn't effected by mining. Prices and availablity of them has been stable.

 

[The Real Jdbye]

Following recent crypto-currency news, the popular currency known as Ethereum has been driving up GPU prices and demolishing availability, has been hacked. An estimated 153,000 "Ether" has been stolen, with estimates at a value of 32.6 million US dollars.

"The initWallet function should have been marked internal, but was instead not marked. Unmarked functions default to public in Solidity, so anyone can call that function and reinitialize the wallet to be under their control"

Will this be the down-fall of Ethereum? Will we see a sudden surge of cheap, high end GPU's on the markets? One can only hope!

Read more about the wallet hack here.

Thread is a bit misleading.
According to the source, Ethereum wasn't the one that got hacked. The flaw is only in the Parity wallet, which Swarm City happened to be using.
You got me worried there for a bit since I invested a bit of money in Ethereum recently

 

[Sonic Angel Knight]

I dont think you will find a gtx 1080ti for cheap xD

Oh... well still got my GTX 1050TI.

Hoping nvidia make a new android shield tv with GTX 1080TI Or tablet maybe

 

[Armadillo]

Not sure if serious. 1080ti is a 250W card, you can't seriously expect it to end up in a tablet/android box.

 

[Tom Bombadildo]

Updated the title, since it was not accurate.

 

[Joe88]

So it was just one wallet site?
Sucks for them but this is the risk and what happens with crypto currencies, and its not the first time its happened and wont be the last...

 

[Tom Bombadildo]

So it was just one wallet site?

Correct, just one wallet site was hacked, Swarm City, not the entire currency as the previous title implied.

Sorry, it's not just one site but a specific wallet function. But regardless, not the cryptocurrency.

 

[RedoLane]

Wallet Swarm sounds like a title for a Steam summer sale video game.

 

[Mikemk]

Will we see a sudden surge of cheap, high end GPU's on the markets? One can only hope!

I certainly hope not. I've been using my gaming computer to mine, so that would simultaneously cause me to lose money from eth AND tank the value of my computer. Not that I was planning to sell it, but the first part's important.

 

[SimplyFedorable]

christ, will this mean we can finally buy decent gpus?