
The Euler Foundation has released the following statement:
algonick.algo
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@AlgoNick
Crypto guy, $Algo Governor, Co-creator of @AlgoBullNFTs, @Algorand fanatic

The Euler Foundation has released the following statement:




🚨 A high-impact hack recently targeted MyAlgo @myalgo_, a web-based #Algorand wallet, affecting thousands of users. Our team at Coinspect has voluntarily collaborated with the wallet provider to identify the root cause. We're proud to say we were able to uncover it. 1/5

PSA: if you created a multisig with @myalgo_ you need to ALSO rekey the multisig. It is not good enough to just rekey the signers. This is very important because all of those multisig wallets are still vulnerable. #Algorand please retweet



