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by sidthekid 3252 days ago
Seems like something a code review would have caught. Then again, code reviews and other slow processes are probably not the par for startups.
4 comments

About half my day job is auditing Solidity code for startups. And yes this should have been caught.
Auditing Solidity? Sounds sexy and infernal at the same time. Congratudolences I guess?
Can you share where you work? I'm looking for someone to audit some Solidity code.
Or just dumb fuzzing. Or a testnet. Or whatever the fancy word for static verification is nowadays.
code reviews are prone to human errors, even if you have the best engineers.
Precisely. Code reviews and software quality assurance aren't just corporate redtape, they can save your rear.
Especially for this; it should be enterprise, bank-tier code, covered by as much red tape as possible.

The problem with cryptocurrency is that they try to be better than the system, but have to relearn all the lessons the hard way. It probably won't take too long before all of it becomes exactly like what banks are now - heavily regulated, etc.

Meanwhile, the people who fleeced the old system know all the tricks and they get a chance at doing it again before the regulations kick in.