Etherparty Thwarts Site Attack on Successful ICO Launch Day
(Thomson Reuters ONE) -
Company will compensate affected contributors with FUEL tokens
VANCOUVER, British Columbia, Oct. 01, 2017 (GLOBE NEWSWIRE) -- Vancouver-based
Etherparty today launched the official public crowdsale for their FUEL token,
the cryptocurrency that will power self-executing digital agreements on the
user-friendly smart contract platform. One hour after the ICO officially went
live, the company identified a potential security issue, caused by a fraudulent
contribution address, and temporarily shut down the website to protect all
participants.
Etherparty's site was later restored after the issue was resolved at 11:35 A.M.
PDT, after going offline for 90 minutes. The blockchain company has promised to
compensate any affected contributors, with its proprietary FUEL token, prior to
the temporary website shutdown at 10 A.M. PDT.
"We have received overwhelming support from our investors, partners and the
community throughout the fine-tuning process for Etherparty," said Kevin Hobbs,
CEO of Etherparty. "Unfortunately, this also means unwanted attention in the
form of phishing and hacking attempts despite the vigilance of our tech and
support team."
"Our team has been consistently and successfully thwarting potential security
issues to avoid further escalation," commented Lisa Cheng, Founder of
Etherparty. "However, we do acknowledge and apologize for the temporary
disruption to our otherwise successful launch day. Etherparty is eager and
committed to compensating all affected contributors for the inconvenience."
Despite the problem, Etherparty's ICO got off to a positive start, selling over
10,000,000 FUEL tokens in the first hour. The smart contract company sold over
400,000,000 FUEL tokens prior to the official launch in the pre-sale. The ICO is
open until October 29, 2017, or when all distributed tokens have been sold.
For more information visit etherparty.io and subscribe to the mailing list. You
can also join the community Slack channel, or join the conversation
on Facebook, Twitter and BitcoinTalk.
About Etherparty
Etherparty is a contract wizard that removes the complexity of creating,
managing and executing smart contracts on multiple blockchains. The platform
allows users with zero knowledge of smart contract programming to create an
enforceable, self-executing digital agreement for all types of transactions.
About FUEL
Etherparty recently announced the launch of its global pre-sale event period for
its platform's native FUEL token on Aug. 15. Funds raised will go toward growing
the Etherparty development team with a slated public release of the finalized
product by the end of 2017.
Etherparty is currently accepting 500 beta testers to its platform. Beta testers
will receive up to 500 FUEL tokens for participating in this early stage of
development.
Media Contact
Kevin Hobbs
Chief Executive Officer
k(at)etherparty.io
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Etherparty via GlobeNewswire
Datum: 01.10.2017 - 22:24 Uhr
Sprache: Deutsch
News-ID 561970
Anzahl Zeichen: 3617
contact information:
Town:
Vancouver
Kategorie:
Business News
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