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Breaking News: Raydium DEX's AMM Program Exploited For $1.34 Million — Here's What Went Wrong
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Breaking News: Raydium DEX's AMM Program Exploited For $1.34 Million — Here's What Went Wrong

SmartBillions Just Put 450 000 USD Breaking the Smart Contract!

newsbtc
newsbtc
Last Updated: September 30, 2019 11:38 am
2 mins read
hackation, smartbillions

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SmartBillions is the first fully decentralized and transparent lottery managed by an Ethereum smart contract. All bets and results are public and recorded on the Ethereum blockchain without third-party involvement. To find out more about the SmartBillions project, refer to SmartBillions’ Medium.

The recently-revealed SmartBillions PLAY tokens offering is a unique and secure investment opportunity. Finally, there’s the transparent “ICO” whereby investors and their funds are protected like never before. To find out more why it’s worth investing, please read.

To demonstrate the extent of the SmartBillions lottery smart contract’s comprehensive security, the development team has placed 1500 ETH (almost $500 000) into the smart contract address. The 1500 ETH hackathon prize has been sent contract’s address: https://etherscan.io/address/0x5acE17f87c7391E5792a7683069A8025B83bbd85

This generous prize awaits the hacker who can manage to find a way to break into the smart contract and withdraw the funds. This proves how serious the SmartBillions Team was and continues to be about guaranteeing investor protection.

This is the first time in history that a Hackathon is held to prove the self-amending smart contract quality and security. The development team is so confident in their product and its security that they will risk their own funds (1500 ETH), to demonstrate its safety. The Hackathon’s success will prove the smart contract’s stability and security. It will also indisputably guarantee the protection of its investors’ funds.

If the funds remain intact at the end of the Hackathon, The SmartBillions ICO will commence on the 16th of October and will last approx. 2 weeks.

Each PLAY Token will cost 0.001 ETH ($0.30). The goal is set at 200 000 ETH.

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Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

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