Cryptocurrency wallet blunder freezes up to $280 million of Ethereum

The world of cryptocurrency can be a volatile place, and not just in terms of the value of virtual coins, as a fresh blunder with Ethereum has illustrated, leaving hundreds of millions of dollars in limbo.

An estimated $280 million (around £215 million) of the virtual currency – the exact amount is unclear at this point – has been frozen following an issue that affects multi-sig wallets with the Parity service (those are wallets designed for organizations which require more than one...

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