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Cryptocurrency exchange EtherDelta gets hacked and replaced by a fake site that steals your money



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Popular cryptocurrency exchange EtherDelta got hacked in spectacular fashion Wednesday, with many users unknowingly sending their tokens to the hacker instead of the exchange.

At least 308 ETH ($266,789) were stolen, as well as a large number of tokens potentially worth hundreds of thousands of dollars. 

EtherDelta is a decentralized exchange which lists nearly all Ethereum-based tokens in existence. It doesn’t have a huge volume compared to larger exchanges but it’s an important first step for traders after a new token gets generated in an ICO (initial coin offering).  Read more…

More about Hack, Hacked, Ethereum, Etherdelta, and Tech



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