The DAO is under attack, a third of its ether reserves stolen

The DAO, a digital Decentralised Autonomous Organisation that has been set up to support projects related to Ethereum, a public blockchain platform that allows programmable transactions, has been hit by unknown attackers that are draining its ether (cryptocurrency) reserves. Users who have invested their ether in DAO get a token that allows them to vote on which projects will get funded by the organization and, hopefully, get dividends once the project is successful. According to … More Continue reading The DAO is under attack, a third of its ether reserves stolen