Frozen Parity funds: new info

According to the new statement of well-known Ethereum wallet, the amount of funds blocked on wallets is estimated at $164M
14 November 2017   916

According to a new statement of Parity technologies, they are working hard to solve $160 million worth "issue" and release people's ethers.

As a result of the activation of the vulnerability on November 6, funds were blocked on 587 wallets for a total of 513774.16 ETH.

As of November 14, the amount of funds blocked on Parity wallets is estimated at $164M.

We deeply regret the impact this situation is causing among our users and within the community. We do ask that people get in touch with us if they have any uncertainties and to not believe the speculation circulating the media. We are endeavouring to find a solution as soon as possible and we would like to thank everyone for the support we’ve experienced so far.
 

Jutta Steiner

Founder, Parity Technologies

According to official blog, "the team is working on a broadly accepted solution that will unblock the funds."

It is worth reminding that one of the most possible solutions for this situation is new Ethereum's hardfork. Also, it is not the first “issue” of Parity wallet. In July 2017, hackers were able to stole $30M from Parity

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Parity Ethereum Client v2.0 to be Released

Developers have created Parity Ethereum exclusively for mining pools, exchanges and other infrastructure nodes
19 July 2018   450

Parity Technologies has introduced a new version of the full node software for the Ethereum network called Parity Ethereum v2.0.0.

This major release comes with some notable changes. First and most importantly, Parity Ethereum is built to serve as expert software for production use and shouldn’t be considered end-user software or an “Ethereum Wallet.” It is meant for mission-critical use in mining pools, exchanges, or any other type of infrastructure or service provider.
 

Parity Team

The Parity Ethereum client is able to interact with various consensus mechanisms, provides the choice between the Ethereum virtual machine (EVM) and the WebAssembly virtual machine (WasmVM), and it supports private transactions and the creation of special lists of nodes to restrict access to certain contracts.

Moreover, users should not perceive the new version of the software as a product for the end-user or Ethereum-purse, as the developers have created Parity Ethereum exclusively for mining pools, exchanges and other infrastructure nodes. This version is specialized.

The client also lacks a graphical user interface, known as the Parity wallet.