Ethereum user accidentally exploits major vulnerability, locks wallets

Source: ZDNet

“An Ethereum user has unwittingly exploited a major wall in Parity wallets which has locked users out of their accounts, potentially freezing millions of dollars’ worth of the cryptocurrency. In a security advisory last night, Parity — the makers of wallet software used to store and trade Ethereum — said the ‘critical’ issue impacts multi-sig wallets. Multi-sig wallets have been frozen which are estimated to hold roughly $150 million in Ethereum. The company said the vulnerability exists in the Parity wallet library contract of the standard multi-sig contract and was ‘found’ by a user.” (11/08/17)