Steemit Hacked for '$85000' As Users Complain of Weak Security - Bitcoin News

                   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.”Stating the hack had since “been contained,” 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.”

The number of affected accounts is around 260. Bittrex, Steemit’s partner exchange, also halted orders of the platform’s currency.The cause of the hack has not been made public. However, complaints from the Steemit’s Slack chat point to a lack of security features, specifically two-factor authentication, frustrating users.

“A lot of chat traffic is going on in the Steemit slack of accounts being hacked,” one Steemit user wrote in a post earlier today. “Maybe It’s time for my newest proposal. Two factor authentication! I think that with a simple configuration of the Google Authenticator app you can secure your account a whole lot better!”

The alarm was seemingly sounded by users such as ‘dragonslayer109,’ who uploaded screenshots of unauthorized transactions seemingly being made on their account. The user claimed that over $300 had been drained.

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