Post
Topic
Board Announcements (Altcoins)
Re: [ANN][ICO] ⚡ Electroneum ⚡ Token Sale Sept 14th Mobile Mining Crypto Coin
by
100percent
on 02/11/2017, 13:32:44 UTC
Not mine, but I saw this in some telegram channel:
- A day before blockchain launch the devs discovered 100s of ICO accounts were hacked. Only a email and password combination were required until recently, so hackers with stolen email/password combinations accessed ICO accounts and reset passwords/created pin numbers.
- ETN decided to go live anyways without letting any ICO investors obtain their tokens or wallets.
- ETNs "simulated" mobile mining app, mining pools set up by the developers, and regular node mining were set to launch. But the mobile mining app failed and it sounds like most pools failed.
- So professional miners gobbled up all early blocks and then sold on cryptopia before any of the ICO investors were able to access wallets.
- Apparently some ICO investors are now able to access their coins (when the website is up), BUT no official word because all the telegram admins have stopped responding to questions on the 25,000 member telegram channel. Instead they've pinned a message to the top of one of their channels promoting their next ICO!