Crypto-Currency Ethereum Wallet Gets Hacked

Discussion in 'GBAtemp & Scene News' started by SonyUSA, Jul 19, 2017.

  1. SonyUSA
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    SonyUSA We're all mad here

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    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.
     


  2. CallmeBerto

    CallmeBerto The "Lone Wanderer"

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

    T-hug Always like this.

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    Seems like Ether was a very apt name.
     
  4. migles

    migles Mei the sexiest bae

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    my dad works for nintendo.
    :rofl2::rofl2::rofl2::rofl2::rofl2::rofl2::rofl2:
    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?
     
  5. Riyaz

    Riyaz Black Ace/Red Joker

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    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 :P. 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 :P
     
  6. SonyUSA
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    SonyUSA We're all mad here

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    Added a link to check out more info
     
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  7. RedoLane

    RedoLane Advanced Member

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    Sadly they couldn't avoid it Ether way.
     
  8. Sonic Angel Knight

    Sonic Angel Knight GBAtemp Guru

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    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? :creep:
     
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  9. Jayro

    Jayro MediCat DVD and Mini Windows 10 Developer

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

    Riyaz Black Ace/Red Joker

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

    Armadillo GBAtemp Psycho!

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

    The Real Jdbye Always Remember 30/07/08

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    Alola
    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 :P
     
  13. Sonic Angel Knight

    Sonic Angel Knight GBAtemp Guru

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

    Hoping nvidia make a new android shield tv with GTX 1080TI Or tablet maybe:unsure:
     
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  14. Armadillo

    Armadillo GBAtemp Psycho!

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

    Tom Bombadildo Honk!

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    I forgot
    Updated the title, since it was not accurate.
     
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  16. Joe88

    Joe88 [λ]

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    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...
     
    Last edited by Joe88, Jul 19, 2017
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  17. Tom Bombadildo

    Tom Bombadildo Honk!

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    I forgot
    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.
     
    Last edited by Tom Bombadildo, Jul 19, 2017
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  18. RedoLane

    RedoLane Advanced Member

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

    Mikemk GBAtemp Maniac

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    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.
     
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  20. SimplyFedorable

    SimplyFedorable Evangelion Geek

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