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Hackers have been targeting the cryptocurrency sector for years now and after the DAO fiasco they seem to be getting greedier and more capable – exposing weaknesses in new systems as soon as become popular.
Steemit, the decentralized social media platform rewarding users for their workwith cryptocurrency, has become the latest project to have fallen victim to cyber attack according to its CEO Ned Scott.
Luckily the hack has been contained very fast this time, with fewer than 260 accounts were compromised, and less than $85,000 worth of Steem may have been stolen. Furthermore Scott announced that users whose accounts were compromised will be completely reimbursed.
They ... (read more)