According to various reports, the group of self-proclaimed “white-hat hackers” has secured the ETC funds belonging to The DAO holders. When funds was drained from this doomed Ethereum project, the hacker obtained a significant amount of ETC funds as well. Now that 7 million coins have been “secured”, the question becomes what will happen to this balance.
ETC FUNDS FROM DAO HACK IS SECURED, SORT OF
Ethereum Classic community members were a bit on edge yesterday, as there was a chance The DAO attacker would obtain 7 million coins. While some people feel this would not have such a big impact on the market, a significant price decline was noted across exchanges yesterday as the deadline drew closer.
As it turns out, the self-proclaimed group of white hat hackers has secured this funds. There are a lot of questions as to how “white hat” this group is, as all they do is hack the hacker. That does not make their actions legitimate by any means, nor should the people behind this initiative be trusted by default. For the full article click here
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