ETHERPARTY THWARTS SITE ATTACK ON SUCCESSFUL ICO LAUNCH DAY

Company will compensate affected contributors with FUEL tokens VANCOUVER, British Columbia, Oct 2 (Bernama-GLOBE NEWSWIRE) --Vancouver-based Etherparty today launched the official public crowdsale for their FUEL token, the cryptocurrency that will power self-executing digital agreements on the user-friendly smart contract platform. One hour after the ICO officially went live, the company identified a potential security issue, caused by a fraudulent contribution address, and temporarily shut down the website to protect all participants. Etherparty’s site was later restored after the issue was resolved at 11:35 A.M. PDT, after going offline for 90 minutes. The blockchain company has promised to compensate any affected contributors, with its proprietary FUEL token, prior to the temporary website shutdown at 10 A.M. PDT. “We have received overwhelming support from our investors, partners and the community throughout the fine-tuning process for Etherparty,” said Kevin Hobbs, CEO of Etherparty. “Unfortunately, this also means unwanted attention in the form of phishing and hacking attempts despite the vigilance of our tech and support team.” “Our team has been consistently and successfully thwarting potential security issues to avoid further escalation,” commented Lisa Cheng, Founder of Etherparty. “However, we do acknowledge and apologize for the temporary disruption to our otherwise successful launch day. Etherparty is eager and committed to compensating all affected contributors for the inconvenience.” http://mrem.bernama.com/viewsm.php?idm=30192