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CoinDash startup has suffered a hacker attack during the ICO

The ICO of Israeli startup project CoinDash has been halted due to a hacker attack. Hackers managed to steal $7.5 million. It is reported by CoinDesk.

CoinDash, the platform for investing in cryptocurrency projects, has faced unforeseen complications during the ICO. After the sales of tokens started, someone altered the address used to transfer Ether. When the problem was revealed, hackers had already received cryptocurrency funds worth of $7.5 million.

The ICO was immediately stopped. CoinDash promised that all investors would get back the tokens, but did not explain how exactly they would fulfil their promise.

The official statement on CoinDash website says that the project is still under attack. The team asks users not to send Ether to old addresses.

Users of BitcoinTalk message board suppose that CoinDash could possibly be the author of the fraud.

December 7, 2017

InterContinental Malta

St George`S Bay, St Julians

Malta will become the hub of the fintech industry in Europe!

Three intensive conference sections:

• Blockchain solutions in practice

• ICO trends

• Panel discussion: Legal and Regulatory Challenges in Blockchain

Our participants are entrepreneurs and experts in legislation, blockchain developers, investors, startup founders, bitcoin enthusiasts, financial specialists and bankers, lawyers, representatives of payment systems.


Why you should attend:


• 20 Top-notch Speakers and many industry experts;

• extensive business program of the Conference;

• 3 intensive conference sections;

• best well-known Sponsors;

• more than 16 outstanding Exhibitors​​​​​​



We will be glad to see everyone at Blockchain & Bitcoin Conference Malta 2017!