2020-2-13 22:07 |
Multiple IOTA holders have reported missing funds, in possible conjunction with Trinity wallet usage
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IOTA has already identified ten victims of the attack on its Trinity wallet while it continues to investigate the case
2020-2-13 22:13 | |
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In a recent Tweet, IOTA (MIOTA) co-founder David Sonstebo said that he’d be compensating the victims of the Trinity Wallet hack from his own cryptocurrency holdings. Sonstebo posted the Tweet on March 7, 2020.
IOTA (MIOTA) has advised users of its Trinity wallet who opened their accounts between December 17, 2019, to February 18, 2020, to use the seed migration tool to protect their funds from being stolen, according to a tweet on February 20, 2020.
The IOTA Foundation announced the release of a safe Trinity wallet version for desktop, while investigating missing funds. IOTA Warns of Scammers Active on Discord Channel The IOTA Foundation warned owners trying to check their balance not to trust contacts on the official Discord channel.
IOTA has announced the release of a safe desktop Trinity Wallet after hackers exploited a bug to reportedly steal about $1. 6 million. The project team is also warning users to beware of impostors on the IOTA Discord page posing to be part of the mod team.
IOTA devs say they have successfully created a patch for the vulnerability responsible for the recent Trinity Wallet hack which reportedly resulted in the loss of $1. 6 million. The altcoin token is still reeling from the effects of the hack and the network shutdown with the token price sliding 11 percent over the last 24Read MoreRead More.
On February 13, the IOTA network came to a screeching halt and the IOTA Foundation reports that $1. 6 million worth of the native currency was stolen. The following day, the IOTA network status page still shows the mainnet is “not operational” and the development team has found an “exploit related to the Trinity Wallet.