MyAlgo addressed the efforts taken by the team amid the recent situation. The team is investigating the incident’s root cause in an attempt to capture the culprit. MyAlgo team also asked users to with...
Tag: MyAlgo
Algorand suffers crypto attack at MyAlgo
Algorand has suffered a cyber attack affecting MyAlgo users, and warns them to withdraw crypto from the wallet. The foundation also warns that the layer 1 blockchain has not been compromised. Algorand...
Algorand MyAlgo thefts continue; Grayscale’s ETF case proceeds
Ad The biggest news in the cryptoverse for March 7 saw Algorand face criticism over its insufficient response to a third-party wallet breach. Meanwhile, Grayscale defended its rejected Bitcoin ETF con...
Algorand-Based Wallet MyAlgo Reports Security Breach Again
Crypto exchange Algodex and wallet provider MyAlgo have undergone multiple security breaches over the past few weeks. Today, MyAlgo has issued another warning stating that users should withdraw their ...
Algorand’s MyAlgo Wallet Issues Urgent Alert to Users, Here’s Reason
In the earlier hours of today, the Twitter account of blockchain security firm “Peckshield Alert” sounded an alert to the crypto community that one of the corporate wallets of the decentra...
MyAlgo asks users to withdraw funds following $9.2m breach
Algorand (ALGO) wallet provider MyAlgo has asked users to withdraw all funds in their wallets or rekey them to new wallets as soon as possible following a breach that compromised $9.2 million. In a tw...
Algodex reveals wallet infiltrated by ‘malicious’ actor as MyAlgo renews warning: Withdraw now
Algorand-based wallet provider MyAlgo has again urged users to withdraw their funds after a February security breach which doesn’t appear to have been resolved. Update: Funds are still being actively ...
MyAlgo Warns Users on Mnemonic Wallets Following Attack
MyAlgo reminds users to take measures that will safeguard their digital assets. Users with mnemonic wallets in MyAlgo were advised to move funds or rekey to accounts held in Ledger or other wallet pro...
Algorand Wallet MyAlgo Urges Users to Withdraw Funds After $9.2M Exploit
Algorand-centric wallet MyAlgo told users they “strongly advise” withdrawing any funds from mnemonic wallets that were stored in MyAlgo, following reports of an attack worth just under $9.2 million. M...
Algorand Wallet MyAlgo Warns Users to Withdraw Funds After $9.6M Exploit
Algorand-based wallet provider MyAlgo has cautioned users to withdraw assets from all wallets created with a mnemonic phrase as the company continues investigating an exploit that led to a $10 million...
MyAlgo users urged to withdraw, as cause of $9.2M hack remains unknown
A wallet provider for the Algorand (ALGO) network, MyAlgo, has warned its users to withdraw funds from any wallets created with a seed phrase amid an ongoing exploit that has seen an estimated $9.2 mi...
Amid Exploit Investigation MyAlgo Warns Users To Withdraw Funds
4 hours ago | 2 mins read Blockchain News MyAlgo tweeted the warning saying that it still didn’t know what caused the wallet intrusions. Socially engineered phishing attempts were the highest likely c...