Blockchain startup hacked itself to ‘save’ $13M of its users’ cryptocurrency

Blockchain startup hacked itself to ‘save’ $13M of its users’ cryptocurrency
ôîòî ïîêàçàíî ñ : thenextweb.com

2019-6-6 17:52

A blockchain startup hacked its users’ wallets to save $13 million in Bitcoin and other cryptocurrency from being stolen, ZDNet reports. Security researchers advised the Komodo Platform of a ‘backdoor‘ in Agama, one of its older wallet apps, that would have allowed hackers to siphon any and all digital assets held inside.

Before that could happen, devs made use of the the flaw themselves to extract at-risk cryptocurrency to wallets under their control. In total, Komodo’s team says it ‘saved’ 96 BTC ($742K) and 8 million Komodo ($11. 92M) from potential theft. The controlled funds can be viewed here and here. Bad…

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Komodo Blockchain Self-Hacks Its Agama Wallet to Protect 8 Million KMD and 96 BTC from Attackers

Blockchain based crypto wallet provider Komodo has confirmed that it successfully took all cryptocurrency from the affected wallets to thwart a plan by fraudsters from accessing its clients’ funds. After identifying a vulnerability in one of its older apps, Agama, the company used the same backdoor to shield the $13 million worth of cryptos from […]

2019-6-6 20:52


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