While the major blockchains such as the one behind bitcoin have remained secure, tech companies are building services on top or alongside them that don’t always have the same level of security or decentralization.
It’s not clear who was behind the hack or if they will be able to liquidate any of the stolen assets, since ethereum can easily be tracked as it is sent between digital wallets. In some recent thefts, hackers haveTom Robinson, chief scientist and co-founder at Elliptic, a cryptocurrency compliance firm based in London, said they have been tracking the funds from the theft as they move through transparent blockchain systems. The funds have ended up in at least two large exchanges so far, he said.
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