Bug in Parity Wallet Probably Trapped ETH Worth Hundreds of Millions of USD

Does everybody remember the Parity bug this summer, where an uninitialized function allowed to compromize all multisig wallets created by Parity? Well, here’s another one:

A user on Github “accidentally” took ownership of the Parity Library Smart Contract and removed the library, rendering the ETH in the Parity wallets which make use of said Contract basically useless. Yes, they’re trapped.

See the Reddit post for further details.

Update from MyEtherWallet @ 2017-11-07 16:48:

Also read this update from the Web3 Foundation (Polkadot).

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