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MyAlgo warns users of ongoing wallet exploit

Blockchain 

Cryptocoins News / Blockchain  332 Views


MyAlgo, a wallet provider for the Algorand network, has warned users to withdraw funds from wallets created with a seed phrase due to an ongoing exploit. The company is uncertain about the cause of recent wallet hacks and advises everyone to take precautionary measures. The exploit is suspected to have stolen over $9.2 million worth of funds, with around 25 accounts affected. (Read More)
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