Post
Topic
Board Announcements (Altcoins)
Re: VERITASEUM DISCUSSION THREAD
by
AltCity
on 24/07/2017, 14:03:50 UTC
We were hacked, possibly by a group. The hack seemed to be very sophisticated, but there is at least one corporate partner that may have dropped the ball and be liable. We'll let the lawyers sort that out, if it goes that far.
Hacker's gonna hack. They stole VERI because it was valuable. This on top of the Parity Multisig wallet debacle is troubling. Even with the patched wallet I'm not sure Parity can be trusted. The solidity language has ease of use and some crazy default assumptions that make security gotchas like the Parity wallet snafu a constant fact of life.

I'm hoping you can move this along and provide the stakeholders assurance that the remaining tokens are in an off-line wallet, secure and ready for sale to the large institutions and funds that need them for business!