Domain: etherscan.io
Stories and comments across the archive that link to etherscan.io.
Comments · 2
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Percentage of currency
The first thing I wondered was what percentage of the currency is that.
According to this site: https://etherscan.io/stat/supp...
The total market cap of etherium is $52B so $20M is about
.2%. (1/5th of 1% in case the '.' is hard to see) of all etherium in circulation.There's about $1.6T US dollars in circulation, so as a percentage of total money in circulation that $20M etherium heist is the equivalent of a $6B USD heist.
Admittedly an odd way of looking at it but it's hard to imagine somebody making off with $6B due to something as mundane as an RPC vulnerability.
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$160k? Bzzt. Nope. Try again.
Try following the "Out" transactions. Eventually (five or six hops) you're going to end up at this wallet, which currently contains over $17 MILLION USD of ETH. Not bad for a couple of hours work...