Security Alerts & News
by Tymoteusz A. Góral

#983 Hack attack drains start-up investment fund
Hackers have taken control of virtual cash worth $60m (£41m) by exploiting a bug in a system designed to help start-ups.

The attack targeted an investment fund called the DAO which is based on technology derived from the Bitcoin crypto-currency.

DAO members are now debating how to recover the diverted funds.

One suggestion involves rolling back the entire computerised system to a time when the hack had not happened.
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