02-28-2023, 05:27 AM
Over 13 million Algorand hack still not resolved, My Algorand browser based wallet n
<table> <tr><td> <a href="https://www.reddit.com/r/CryptoCurrency/comments/11de4a0/over_13_million_algorand_hack_still_not_resolved/"> <img src="https://b.thumbs.redditmedia.com/E0bM3lr_e6p_UXSGapTOlH-MqUXni3--YXLCyc6SF3U.jpg" alt="Over 13 million Algorand hack still not resolved, My Algorand browser based wallet now recommending users move funds of of their wallet." title="Over 13 million Algorand hack still not resolved, My Algorand browser based wallet now recommending users move funds of of their wallet." /> </a> </td><td> <!-- SC_OFF --><div class="md"><p>Last week on February 20th it was reported that over 13 million ALGOs were stolen from different users, it appears that all of these users were using a My Algorand browser based wallet. MyAlgo tweeted this morning recommending that all users move assets off any Mnemonic wallet stored on MyAlgo site.</p> <p>If you have a hardware wallet linked to MyAlgo your crypto should be fine since your seed phrase was never on their website.</p> <p>It also appears that Pera wallets are not affected buy hardware wallet would be best.</p> <p>​</p> <p><a href="https://preview.redd.it/g58sa1hlyqka1.png?width=628&format=png&auto=webp&s=e625ee613f220fe4aa557646d20f6ac843ce9539">https://preview.redd.it/g58sa1hlyqka1.png?width=628&format=png&auto=webp&s=e625ee613f220fe4aa557646d20f6ac843ce9539</a></p> <p>John Woods the CTO of the Algorand foundation made a statement that the hack was not a problem with Algorand itself. </p> <p>​</p> <p><a href="https://preview.redd.it/5e0nffxmyqka1.png?width=618&format=png&auto=webp&s=b3011a9643cc159b4c49b4747ba03385fb2cee54">https://preview.redd.it/5e0nffxmyqka1.png?width=618&format=png&auto=webp&s=b3011a9643cc159b4c49b4747ba03385fb2cee54</a></p> <p>Multiple users have lost millions of ALGOs in this hack </p> <p>​</p> <p><a href="https://preview.redd.it/52xbxbnoyqka1.png?width=604&format=png&auto=webp&s=57dd505110d6c4d80a4b7ad7fdfa5d9475b6e70f">https://preview.redd.it/52xbxbnoyqka1.png?width=604&format=png&auto=webp&s=57dd505110d6c4d80a4b7ad7fdfa5d9475b6e70f</a></p> <p>Gard protocol a DeFi platform on Algorand was also affected by the recent hack, no users funds were taken but it appears a portion of their operating funds were. </p> <p>​</p> <p><a href="https://preview.redd.it/p1kgve2qyqka1.png?width=568&format=png&auto=webp&s=5ef9cb91cea441bbd006956df9fd86e03c377b95">https://preview.redd.it/p1kgve2qyqka1.png?width=568&format=png&auto=webp&s=5ef9cb91cea441bbd006956df9fd86e03c377b95</a></p> <p>Things to do</p> <ul> <li>move your funds to a hardware wallet if possible.</li> <li>move your funds to hot wallet that isn't My Algorand wallet</li> <li>you could also rekey your current wallet (advanced) <a href="https://developer.algorand.org/docs/get-details/accounts/rekey/">https://developer.algorand.org/docs/get-details/accounts/rekey/</a></li> </ul> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Odlavso"> /u/Odlavso </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/11de4a0/over_13_million_algorand_hack_still_not_resolved/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/11de4a0/over_13_million_algorand_hack_still_not_resolved/">[comments]</a></span> </td></tr></table>
<table> <tr><td> <a href="https://www.reddit.com/r/CryptoCurrency/comments/11de4a0/over_13_million_algorand_hack_still_not_resolved/"> <img src="https://b.thumbs.redditmedia.com/E0bM3lr_e6p_UXSGapTOlH-MqUXni3--YXLCyc6SF3U.jpg" alt="Over 13 million Algorand hack still not resolved, My Algorand browser based wallet now recommending users move funds of of their wallet." title="Over 13 million Algorand hack still not resolved, My Algorand browser based wallet now recommending users move funds of of their wallet." /> </a> </td><td> <!-- SC_OFF --><div class="md"><p>Last week on February 20th it was reported that over 13 million ALGOs were stolen from different users, it appears that all of these users were using a My Algorand browser based wallet. MyAlgo tweeted this morning recommending that all users move assets off any Mnemonic wallet stored on MyAlgo site.</p> <p>If you have a hardware wallet linked to MyAlgo your crypto should be fine since your seed phrase was never on their website.</p> <p>It also appears that Pera wallets are not affected buy hardware wallet would be best.</p> <p>​</p> <p><a href="https://preview.redd.it/g58sa1hlyqka1.png?width=628&format=png&auto=webp&s=e625ee613f220fe4aa557646d20f6ac843ce9539">https://preview.redd.it/g58sa1hlyqka1.png?width=628&format=png&auto=webp&s=e625ee613f220fe4aa557646d20f6ac843ce9539</a></p> <p>John Woods the CTO of the Algorand foundation made a statement that the hack was not a problem with Algorand itself. </p> <p>​</p> <p><a href="https://preview.redd.it/5e0nffxmyqka1.png?width=618&format=png&auto=webp&s=b3011a9643cc159b4c49b4747ba03385fb2cee54">https://preview.redd.it/5e0nffxmyqka1.png?width=618&format=png&auto=webp&s=b3011a9643cc159b4c49b4747ba03385fb2cee54</a></p> <p>Multiple users have lost millions of ALGOs in this hack </p> <p>​</p> <p><a href="https://preview.redd.it/52xbxbnoyqka1.png?width=604&format=png&auto=webp&s=57dd505110d6c4d80a4b7ad7fdfa5d9475b6e70f">https://preview.redd.it/52xbxbnoyqka1.png?width=604&format=png&auto=webp&s=57dd505110d6c4d80a4b7ad7fdfa5d9475b6e70f</a></p> <p>Gard protocol a DeFi platform on Algorand was also affected by the recent hack, no users funds were taken but it appears a portion of their operating funds were. </p> <p>​</p> <p><a href="https://preview.redd.it/p1kgve2qyqka1.png?width=568&format=png&auto=webp&s=5ef9cb91cea441bbd006956df9fd86e03c377b95">https://preview.redd.it/p1kgve2qyqka1.png?width=568&format=png&auto=webp&s=5ef9cb91cea441bbd006956df9fd86e03c377b95</a></p> <p>Things to do</p> <ul> <li>move your funds to a hardware wallet if possible.</li> <li>move your funds to hot wallet that isn't My Algorand wallet</li> <li>you could also rekey your current wallet (advanced) <a href="https://developer.algorand.org/docs/get-details/accounts/rekey/">https://developer.algorand.org/docs/get-details/accounts/rekey/</a></li> </ul> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Odlavso"> /u/Odlavso </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/11de4a0/over_13_million_algorand_hack_still_not_resolved/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/11de4a0/over_13_million_algorand_hack_still_not_resolved/">[comments]</a></span> </td></tr></table>