Hacker Steals $30 Million in Ethereum from Parity Wallets

A hacker was allegedly able to exploit a vulnerability in Ethereum wallet client Parity and steal over $30 million worth of crypto-currency. Because of a security flaw in the Parity Ethereum client, the hacker managed to steal 153,000 Ether from multi-sig wallets created with Parity clients 1.5. Parity has issued a security alert, but updated it today to reveal that the vulnerability has been already resolved. According to the company, the vulnerability was discovered in “Parity Wallet's variant of the standard multi-sig contract” and affects all users “with assets in a multi-sig wallet created in Parity Wallet prior to 19/07/17 23:14:56 CEST.”