
16 Feb IOTA cryptocurrency shuts down entire network after wallet hack
[ad_1]

Image: Tinkersynth, ZDNet, IOTA Foundation
IOTA Foundation, the nonprofit organization behind the IOTA cryptocurrency, has shut down its entire network this week after hackers exploited a vulnerability in the official IOTA wallet app to steal user funds.
The attack happened this week, Wednesday, on February 12, 2020, according to a message the foundation posted on its official Twitter account.
We are currently investigating a suspicious situation with Trinity, please do not open or use Trinity on Desktop until further notice.#IOTA #Trinitywallet
— IOTA (@iotatoken) February 12, 2020
According to a status page detailing the incident, within 25 minutes of receiving reports that hackers were…
[ad_2]
Source link