The DAO is Under a Curator-lead White Hat Attack
Several hours ago The DAO's smart contract received another wave of attacks. The ether balance started to decline at a fast pace, it has now been revealed that members of the curator team and the Ethereum foundation are behind a white hat attack to rescue the remaining funds. The DAO received another attack, this time, a blue team comprised of curators and Ethereum foundation members launched their own initiative to save the remaining funds. The ether is being sent to this address, and the revelation came after community members realized that a large-scale attack was unfolding once more.....
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Ethereum developers may be pulling a rabbit out of a hat as they secure more than seven million ether and suggest that “[t]here are many plans in place to attack the child daos and either block the funds or recover them.” Indications that something was under foot were given yesterday later afternoon when Alex Van de Sande, lead designer at the Ethereum Foundation, twitted that a whitehat attack on the DAO was under way. After some tense hours, Sande explained in a public post that “a group of very smart people” which, according to Stephan Tual, were composed of “members of eth foundation,....
The role of few Ethereum developers is speculated in the recent attempt to exchange over 7 million ETC's retrieved from the DAOs associated with the recent attack. Did the Ethereum Foundation secretly try to kill its sibling rival Ethereum Classic? The question may never be answered. But according to reports, few developers from the Ethereum Foundation may have been involved (in an individual capacity) in the recent attempt to dump close to 8 million ETC tokens into exchanges. The reports started emerging after the cryptocurrency exchanges Poloniex and Kraken received over $10 million....
The battle to recover the 14 million stolen Ether continues, today the hacker responded to the 'Robin Hood' attack with another stratagem: the malicious attacker managed to infiltrate the child DAO controlled by developers and researchers of the Ethereum community. The DAO Token Holders received bad news today, after a team lead by ex-DAO curators, Slock.it employees, researchers and Ethereum foundation members managed to launch a counter-attack -known as the Robin Hood attack-. The preemptive strike was intended to secure the remaining The preemptive strike was intended to secure the....
The decentralized finance (DeFI) insurance project Cover Protocol was hacked earlier Monday in an infinite printing scheme, causing the price of the Cover token to plunge. Hours later, a so-called ‘white hacker’ claimed responsibility for the attack, saying all funds had been returned. The exploiter has cashed out over $4 million including about 1400 either, […]
The White Hat Team, whose current members are publicly unknown, has successfully recovered more than seven million ETC, currently valued at around $16 million, by transferring the funds to an address whitelisted by the DAO curator who is known to be working with WHT or has transferred curatorship to WHT. Alex Van de Sande, one of the previous members of the team, stated he was no longer part of WHT, having left once the hardfork succeeded. It is not therefore fully clear who exactly transferred the ETC and what they plan to do with the funds, but, since stolen property was recovered, we’d....