Ethereum wasn't hacked, the DAO was. All the coins that were stolen through the DAO's smart contract will be locked up because of a soft fork that will be released soon. Ethereum itself is fine, please don't spread wrong information
Over 10% of Ether supply gone in a few hours. Now Ether is implemtning protocol that allows them to control the coins of others? Not only is it a temporary solution that effects the entire network, but it sets a very bad precedent; you NEVER ever control your tokens. Furthermore, if this hack happens once, it will MOST LIKELY happen again.
Ether is dead.