Steemit Website Hacked, CEO Promises to Reset Accounts in 48 Hours
Steemit announced on their website that they were hacked. The attack, according to them, has compromised about 260 accounts. A little less than US$ 85,000 worth of Steem Dollars and Steem are reported to have been taken by the attackers. In the security announcement CEO of Steemit Ned Scott said: “User accounts and wallets are not at risk, and we hope to soon reactivate the Steemit website to normal order. Any users whose accounts were compromised will be completely reimbursed.” Law enforcement informed. At the moment it appears that the virtual currency itself has not been compromised but....
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Steemit, the blockchain-based social media platform that was targeted in a cyberattack saw malicious hackers hack user accounts and their balances. Since then, a recovery process has seen compromised accounts with balances over $100 USD, restored and refunded to the affected users. Blockchain-powered Steemit saw some 250 user accounts compromised along with $85,000 in Steem dollars and the token cryptocurrency Steem, stolen, in a cyberattack yesterday. A recent update from Steemit CEO Ned Scott reveals that the Steemit team has since been able to secure compromised accounts containing....
Social media site Steemit, just a week after giving away $1.3 million USD to users after seeing huge success, has temporarily shut down after a major hack. Steemit Accounts, Wallets ‘Not at Risk’. In an official statement released today, CEO Ned Scott said that a maximum of $85,000 worth of the site’s currency, the Steemit dollar, “may have been stolen.”....
The exponential rate at which Steem grows may put on fast track a solution to the scaling issue that the Bitcoin community faces. Steem is a digital currency behind Steemit, a decentralized social media platform which rewards posters and voters online. Scaling Bitcoin has become a hot button issue in the community. This is the process to increase block size from its current form in which the network can only support up to seven transactions per second to process more like Paypal achieves with about 100 transactions per second, and as Visa does with about 4,000 per second. In the wake of....
The social media platform powered by an altcoin has been making tsunamis as of late. Not only have there been record numbers of signups, but the content has also been incentivized to be of higher quality. Direct from CEO Ned Scott on addressing the recent attack: Steemit was today subjected to a cyber attack. In the attack, fewer than 260 accounts were compromised, and less than $85,000 worth of Steem Dollars and Steem may have been stolen. While patching the vulnerability Steemit was locked in as a read-only site, allowing content views but not voted on, new content was unable to be....
A new bitcointalk thread is currently raising issues which basically make comparisons between Steemit and Synereo. Though virtually every project in the industry has had some random allegations against them, the thread which was started on Friday August 19 was supposedly prompted by the recent announcement by Synereo that its Alpha version will be going online next month. Steem is the digital currency behind the Steemit social media platform which rewards content posters and voters online. Steemit was recently hacked with some accounts compromised. Steem overtook The DAO to be the world’s....