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Security Incident · ETH Ecosystem

Coindash Malicious Code Injection Attack: $7.40M Reported Loss

·Historical incident record

Hacker steals $7.4 million in ethereum during CoinDash ICO launch.

Reported loss
7,400,000 USD
Attack category
Malicious Code Injection Attack

Incident Overview

At the time of the ICO, in which CoinDash posted a string of characters which represented its wallet address for investors to send funds to, it appears that the hacker compromised the website and changed this text to a wallet they control. It was a matter of minutes before the platform realized the security breach had taken place and warned investors, but it was too late -- and now the stolen funds intended for CoinDash are simply sitting in a wallet awaiting collection.

Sources & References

This record presents information attributed to the linked sources. Incident dates describe the original event, not a new report. Reported loss figures reflect the source record and are not current market valuations.