DAO hacker syphons off £30m in crypto-currency Ethereum

John Leonard
clock • 4 min read

Hacker exploited vulnerability in decentralised platform to shift vast quantities of ETH to a single wallet

A hack on the DAO, a leaderless decentralised platform designed to support projects based on the Ethereum blockchain, has led to a crash in the value of the associated Ethereum crypto-currency the ...

To continue reading this article...

Join Computing

  • Unlimited access to real-time news, analysis and opinion from the technology industry
  • Receive important and breaking news in our daily newsletter
  • Be the first to hear about our events and awards programmes
  • Join live member only interviews with IT leaders at the ‘IT Lounge’; your chance to ask your burning tech questions and have them answered
  • Access to the Computing Delta hub providing market intelligence and research
  • Receive our members-only newsletter with exclusive opinion pieces from senior IT Leaders

Join now

 

Already a Computing member?

Login

You may also like
Only one arrest was made

Security

International operation nabs gang of corporate ransomware hackers, but only one arrest is made

clock 29 November 2023 • 3 min read
Capita clinches £239m civil service pensions contract

Security

The news comes despite a security breach in March which exposed pension data

clock 22 November 2023 • 2 min read
Forty nations pledge not to pay cybercriminals

Security

Comes in the face of rising levels of ransomware

clock 02 November 2023 • 2 min read

More on Hacking

Data breach affects nearly 7 million 23andMe profiles

Data breach affects nearly 7 million 23andMe profiles

Data including family trees and birth years have been stolen

Tom Allen
clock 05 December 2023 • 2 min read
The Sellafield site in Cumbria, formerly known as Windscale

Government denies evidence of nuclear site hack

Report alleged Sellafield IT systems were attacked by hacking groups linked to Russia and China

clock 05 December 2023 • 2 min read
Hackers demand £300,000 to not leak royal family's medical records

Hackers demand £300,000 to not leak royal family's medical records

GCHQ and the police are investigating the attack

clock 04 December 2023 • 3 min read