Parity MultiSig Wallet Exploit Drains Ether Out Of Accounts.

https://pbs.twimg.com/media/DFIEGQTXYAAbgPF.jpg # I Really Feel for My Friends at Swarm City. 44,055 ETH Stolen. # Read the full blog post on the Swarm City Medium account. [Parity multisig wallet exploit hits Swarm City funds — Statement by the Swarm City core team](https://press.swarm.city/parity-multisig-wallet-exploit-hits-swarm-city-funds-statement-by-the-swarm-city-core-team-d1f3929b4e4e) %20BTC-SWT%20Swarm%20City%20Token.png) ## As you can see the crypto currency Swarm City has taken a 50% haircut. ## As many of you know @AnaHIlarski and I helped Arcade City (now Swarm City) during their ICO phase last year. My heart goes out to the team. The crypto community loves to use multi-sig wallets to protect teams from someone on the team making off with the funds but this time multi-sig wallets were the ones attacked. ### [Tweeted by @CalBlockchain](https://twitter.com/CalBlockchain/status/887742667928608772). ### https://pbs.twimg.com/media/DFHlPisXkAAT1YG.jpg #### What it Means to You. #### This could add more uneasiness to the crypto currency markets. Personally I have moved my trading assets into SBD's (SteemDollars). This is not by any means a call that the market is going to crash. I am just being cautious with my funds. https://img1.steemit.com/0x0/http://www.randyhilarski.com/wp-content/uploads/2016/10/Randy-Banner-Steemit.jpg
Parity MultiSig Wallet Exploit Drains Ether Out Of Accounts. posted first on https://steemit.com/@hilarski