The Counter-Attack on The DAO Quickly Drains Its Funds
A white hat attack on The DAO led by Alex Van de Sande of the Ethereum Foundation has been launched to protect its funds.
The Attacker will strike again!
As the recursive call vulnerability of The DAO’s contract has not been fixed, the attackers will inevitably repeat their attacks. Under this assumption the Ethereum developers started a new “counter-attack” against The DAO Â at fast pace.
The tweet about that has been published by Chief Designer of Mist and one of the project’s Curators, Alex Van de Sande:
DAO IS BEING SECURELY DRAINED. DO NOT PANIC.
— alex van de sande (@avsa) June 21, 2016
Interestingly, as the original DAO’s address still has more than $4m worth of ether on it, the main white hat attack’s address has already amassed about $89m worth of ether.
The information of the counter-attack has been also confirmed by Stephan Tual of Slock.it team.
Note: Community-led team is currently coordinating a white-hat attack on The DAO in order to prevent further attacks pic.twitter.com/iX34o0q4xk
— Stephan Tual (@stephantual) June 21, 2016
The Blackhat attack
The decision to organize a counter-attack was probably made in the light of new attack on The DAO, briefly mentioned by Van de Sande in the other tweet:
I repeat. There was an attack on the DAO so we launched our white hat counter attack. More updates will follow
— alex van de sande (@avsa) June 21, 2016
This way the ongoing counter-attack will address the new blackhat attack and all the future attacks on The DAO funds. The technology used is apparently exploiting the same vulnerability as now infamous “The Attacker” did, still there’s not much known of the process, except that more than one withdraw address is being used as this reddit post suggests.
According to the information above, the today’s blackhat attack address has already amassed more than 11,6 thousand of ether, being worth of about $143 thousand.
Finally, Alex Van de Sande reported the current situation on the counter-attack:
DAO is now mostly empty. 7.2M ether have been secured so far. The community needs to help by identifying the rest. https://t.co/Ju26mD7fOG
— alex van de sande (@avsa) June 21, 2016
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