Crypto Wallet Company Faces More Problems After July Hack - Bloomberg

www.bloomberg.com

Parity Technologies Ltd., a London-based startup that makes software for so-called crypto wallets, issued a "critical" security alert Tuesday after certain users had funds frozen. Some users are unable to move funds out of their wallets because important code was deleted. It’s unclear how much ether was locked up and who tampered with the code.

Parity is one of the larger Ethereum wallets that consumers (and companies) used to store Ethereum. TLDR, a key piece of code was deleted which resulted in millions of dollars worth of Ether to be frozen. 

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