DigitalMoneyBox Signal Desk
DigitalMoneyBox Crypto market intelligence
Browse sections
Security Cryptonews

Major Setback: Smart Contract Exploit Results in Over 200 Ethscriptions Being Nabbed

According to its creator, a new protocol allowing the creation and sharing of digital objects on Ethereum has experienced a significant setback due to a major hack in its main marketplace. Ethscriptions, a novel method t...

38 /100
Market signal

Archive context

Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Major Setback: Smart Contract Exploit Results in Over 200 Ethscriptions Being Nabbed
According to its creator, a new protocol allowing the creation and sharing of digital objects on Ethereum has experienced a significant setback due to a major hack in its main marketplace.
Ethscriptions, a novel method to create Ethereum assets launched last month by Tom Lehman, co-founder and former CEO of Genius.com, utilizes transaction "calldata" to write non-financial data to the blockchain network. ...
Read More: Major Setback: Smart Contract Exploit Results in Over 200 Ethscriptions Being Nabbed

Why this matters

This security story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

Original source

Read on Cryptonews

Related market context