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BAT Update to Parity Multisig Wallet Attack

Today we made a full recovery of our User Growth Pool and reserve tokens, which had been appropriated and secured by the White Hat Group last week to mitigate the Parity multisig wallet critical vulnerability.

Parity Multisig Wallet Attack and BAT

We learned yesterday of a critical vulnerability in the Parity multisig wallet implementation for storing ETH and tokens. No ETH held by the BAT team was affected, including the funds from the sale of 1 billion BAT tokens. In fact, the bulk of BAT ICO ETH was…

Hiring for the BAT Team

Our recent token sale enabled us to create a user growth pool of 300 million BATs, which will be used in the near future to stake users with tokens and incentivize them to join the BAT platform.