Bitcoin, Crypto currency, Blockchain

165,38 Ether way – Hack in Porn Blockchain spank chain

Unknown have on 7. October, the Porn platform, spank chain around 165 Ether facilitates. The developer team was busy with other things, discovered the theft only after an hour. The platform remains up to investigate the incident offline.

“We have to get a spanking” – the Team of spank chain, a crypto-Ecosystem for consumers and producers of pornography, given the recent incident is no sheet before the mouth. As the company is on 9. October reported by media Post, fell spank chain at the 7. October 18 at a Hacker PST-attack victim. Since the developers of spank chain were employed to this point in time, with Bugfixes, noticed the attack first:

“Unfortunately, we found ourselves in the midst of an investigation of other Smart-Contract-Bugs, so that we noticed PST the Hack at 19:00. We have the Spank.Live then immediately taken offline to prevent further payments in denSmart Contract of the Payment Channels.“

As of the first studies of a spank chain, has taken advantage of the attacker a “Reentrancy Bug”. The weak point in the Protocol allowed the Hacker, as a Token disguised malicious Smart Contract is set up. With this, he managed, Ether from a variety of Wallets to be deducted. Also at the legendary DAO-Hack in 2016, a Reentrancy Bug played a Central role.

Main Victims: Spank Chain

Suffering was spank chain. So much of the stolen 165,38 Ether was one of around 130 ETH the organization. The user had to record a loss of almost 35 ETH, which corresponds to the current exchange rate is approximately US $ 8,000. In addition to Ether, the attacker platform has made their own BOOTY-Token in the value of the equivalent of 4,000 US dollars is unusable. 1300 dollars of which belonged to users, so that the total damage amounts to around 9,300 US dollars. Spank chain lost by the attack, a total of around 33,000 U.S. dollars.

The company has said users by way of compensation. This should be done by Ether-Airdrop and 100 percent of the losses in the BOOTY and Ether to compensate. The Webcam Site of the company will remain offline until the security hole is closed and the originally studied Bugs fixed. Spank chain from two to three days, will not preclude an extension of this time period, however.

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