The Veritaseum team today confirmed that as a result of the hacker attack during the ICO platform on Sunday, July 23, $ 8.4 million was stolen. This is the second hacking of the ICO last week and the fourth hacking of the Etherium platform this month.
Veritaseum, a start-up that offers financial services on the block, last weekend spent ICO, during which those who wished could purchase VERI platform tokens.
At the height of the initial coin placement process, the founder of Veritaseum Reggie Middleton noticed a suspicious activity, as further reported at the BitcoinTalk forum.
Middleton said that the hacker managed to somehow steal VERI tokens directly in the ICO process. Since the primary placement was in full swing, the tokens were sold without delay to other buyers.
In a statement published today on the Internet, the head of Veritaseum said that for the project as a whole "the stolen amount was insignificant (less than 00.07%), despite the fact that the dollar amount looks very significant."
At the same time, as Middleton notes, users did not suffer any losses, as the stolen tokens belonged directly to the Veritaseum project itself.
"Hacking was very difficult to implement, and we have a suspicion that this involves a corporate partner who, if so, will be held responsible for this," said Middleton. "We have added lawyers to this case, and now we have to figure out what happened."
a source: https://bitnovosti.com
The first thing these folks need to do before any ICO, is hire a security firm to make sure their systems are secure.
I agree with you, first of all it's security!