July 3, 2026

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$330 Million: EIP-999 Stokes Debate Over ETH Frozen by Parity’s Contract Bug

News – CCN
$330 Million: EIP-999 Stokes Debate Over ETH Frozen by Parity’s Contract Bug

The debate over a controversial Ethereum Improvement Proposal (EIP) designed to restore a self-destructed smart contract holding hundreds of millions of dollars worth of ETH is heating up. EIP-999, written by Parity Technologies developer Afri Schoedon, calls for Ethereum to adopt a software upgrade that patches the UK-based company’s frozen multi-signature wallet contract library, allowing … Continued

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