Trusted

Breaking MyAlgo.com Hacked, Recommends Users to Withdraw Funds From Mnemonic Wallets

1 min
Updated by Dean
Join our Trading Community on Telegram

MyAlgo announced a recent hack may have compromised user funds held in Mnemonic Wallets on MyAlgo.

According to the Feb. 27 tweet, the @Algorand wallet and dapp gateway stated “we still don’t know the root cause of recent hacks, we encourage everyone to take precautionary measures to protect their assets.”

Adding, “the attacks happened over one week ago, and no other movements have taken place since then.”

This is a developing story…

Top crypto projects in the US | November 2024
Coinbase Coinbase Explore
Coinrule Coinrule Explore
Uphold Uphold Explore
3Commas 3Commas Explore
Chain GPT Chain GPT Explore
Top crypto projects in the US | November 2024
Coinbase Coinbase Explore
Coinrule Coinrule Explore
Uphold Uphold Explore
3Commas 3Commas Explore
Chain GPT Chain GPT Explore
Top crypto projects in the US | November 2024

Disclaimer

In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and ConditionsPrivacy Policy, and Disclaimers have been updated.

BiC-Profile-Pic.jpg
Crypto native anon hodling. Researcher of crypto white papers, tokenomics, DAOs and blockchain protocols. Found quietly delving into Discord and Telegram.
READ FULL BIO
Sponsored
Sponsored