Another cryptocurrency service provider has been hacked, costing hundreds of thousands of dollars worth of losses to Stellar users this time. DNS hackers have hijacked the Blackwallet server, redirected some of the traffic and made off with 669,920 XLM.
Stellar Wallet Blackwallet Compromised
The team behind Blackwallet, a Stellar Lumen (XLM) web wallet, has confirmed reports that the service has been compromised on Saturday, and that hackers have taken 669,920 lumens, which were worth about $400,000 at the time. The stolen loot has since been transferred to Bittrex, and Blackwallet tried contacting the exchange asking for help in recovering it.
I thought that crypto wallet are very secure. It could shake the confidence of users in the crypto community. Thanks for sharing this information.
@samrani1
Pardon my friend so the news will have a big impact on the XLM currency.
Despite its popularity my friend.
Wish I would have done the ICO today to get a feel for the Stellar platform.
Hey my great friend Salam came out today for trading platforms.
How much was their price in ico??