The DAO Hacked: Code Issue Leads to $60m Ethers Theft

TheDAO, the distributed autonomous organization that had collected over $150m worth of the cryptocurrency ether, has reportedly been hacked, sparking a broad market sell-off. A leaderless organization comprised of a series of smart contracts written on the ethereum codebase, TheDAO has lost 3.6m ether, which is currently sitting in a separate wallet after being split off into […]