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Hackers have stolen $32 million in Ethereum in the second heist this week

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Smart contract coding company Parity has issued a security alert, warning of a vulnerability in version 1.5 or later of its wallet software.

So far, 150,000 ethers, worth $30 million (£23 million), have been reported by the company as stolen, data confirmed by

As reported by the startup, the issue is the result of a bug in a specific multi-sig contract known as wallet.sol. Data suggests the issue was mitigated, however, as 377,000 ethers that were potentially vulnerable to the issue were recovered by white hackers.

Parity ranked the severity of the bug as "critical" in its public remarks, urging "any user with funds in a multi-sig wallet" move their funds to a secure address.

According to Parity founder and CTO Gavin Wood, at least three ether addresses have been compromised as a result of the bug.