CoinDash

CoinDash operates as a cryptocurrency platform that conducted an initial coin offering for its own token. The company is headquartered in the United States of America. Its core offering centered on providing a blockchain‑based venue for token sales, primarily involving Ethereum. The platform aimed to facilitate the launch and distribution of new digital assets to investors. CoinDash positioned itself within the broader cryptocurrency ecosystem as a service provider for ICO activities. No further details about its product suite or market reach are disclosed in the available sources.

On July 17, 2017, the CoinDash website was compromised during its ICO, with an attacker altering the displayed Ethereum wallet address to divert funds. The breach resulted in approximately seven million dollars worth of Ethereum being sent to the fraudulent address before the intrusion was detected. Upon discovery, CoinDash terminated the ICO, shut down its site, and began investigating the incident. The organization subsequently committed to issuing tokens to investors who had contributed prior to the shutdown as a form of compensation for their losses. CoinDash explicitly stated that it would not provide restitution for transactions that occurred after the site was taken offline. This response highlighted the company’s attempt to address the impact of the security failure while limiting liability to pre‑shutdown participants. The incident remains a notable example of the risks associated with insufficient website security in token‑sale events.