DAO Debacle Escalates: Attacker Counter-Attacks Ethereum Developers in Bid to Control Funds
The situation at The DAO is continuing to escalate. The most visible distributed autonomous organization on the ethereum network, which once held $160m worth of the cryptocurrency ether, has now seen these funds dispersed to several different accounts. Complicating matters is that the owners of some of these accounts are, at present, unknown. The heightened uncertainty follows actions taken by a group of ethereum developers, who launched a "Robin Hood" effort to gain control of the funds yesterday. The effort was said to be aimed at safeguarding The DAO’s ether holdings following....
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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....
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