ZachXBT blasted Algorand’s failure to “acknowledge” an ongoing wallet drain hack.
The self-described “on-chain sleuth” said the Algrorand users had lost millions of dollars in the attack. Yet the project is continuing to drag its feet in helping those affected.
“How about you clowns actually acknowledge the on-going attack stealing millions from community members and assist them.“
Mysterious wallet drain
On Feb. 27, wallet providers MyAlgo posted a critical advisory recommending all users withdraw funds from Mnemonic wallets stored in MyAlgo.
The post acknowledged “recent hacks” and stated the attack’s root cause is still unknown.
“The attacks happened over one week ago, and no other movements have taken place since then.“
Digging into the matter, ZachXBT suspected hackers had taken over $9.2 million, comprised chiefly of 19.5 million ALGO and 3.5 million USDC, between Feb. 19 – 21.
More than a week after MyAlgo’s initial warning, ZachXBT condemned Algorand
We współpracy z: https://cryptoslate.com/algorand-blasted-over-inaction-on-ongoing-wallet-drain-hack/
