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ICO Etherparty underwent a hacker attack during its launch


ICO Etherparty briefly became a victim of a cyber attack, as a result of which some investors sent their funds to the attacker's address. The blocking startup Etherparty launched its ICO campaign to raise funds for the implementation of the platform for the development of smart contracts on October 1. According to a blog post, the attacker successfully entered a fraudulent purse address on the Etherparty website about 45 minutes after the start of the ICO. The team noticed the violations almost immediately, and within 15 minutes the site was disconnected. Offline site was about 90 minutes, during this time the team rebuilt it and transferred to a new server.

Etherparty did not say how many criminals were involved with the exploit, but the startup assured that it would distribute tokens to any depositors who sent money to the fraudulent purse address before deleting the site.

Lisa Cheng, the founder of Etherparty, said:

Our team consistently and successfully eliminated potential security problems in order to avoid further escalation. However, we acknowledge and apologize for the temporary violation of our successful launch day. Etherparty aspires and undertakes to compensate for the inconvenience to all affected depositors.

Despite the incident, ICO Etherparty seems to be proceeding quite successfully. Attracting funds received during the pre-sale, the start-up has received aether, bitcoin and dollars for more than $ 28 million.

ICO Etherparty - this is not the first sale of tokens, which fell under the cyber attack. According to a recent study by Chainalysis, 10% of all funds raised in the ICO, eventually fall into the hands of hackers. Most of the money is stolen by phishing, which is performed on Slack channels. 

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