###Steemit Hacked for '$85000' As Users Complain of ... - Bitcoin News

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Steemit Hacked for '$85,000' As Users Complain of Weak Security - https://news.bitcoin.com/steemit-hacked-weak-security/

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.
Also read: Steemit Social Media Platform Pays Its Users, Sees Massive Growth
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,
Any users whose accounts were compromised will be completely reimbursed."
The number of affected accounts is around 260.
However, complaints from the Steemit's Slack chat point to a lack of security features, specifically two-factor authentication, frustrating users.
Two factor authentication!
The user claimed that over $300 had been drained.
Scott meanwhile maintained the situation was under control and that an investigation was being instigated with law enforcement.
"Though only a relatively small amount of Steemit was stolen, we take any form of criminal activity against our community extremely seriously," he wrote.
A full, internal investigation is currently being conducted and we are working on an immediate solution."
The sentiment was echoed by Steemit's PR intermediary, who in an email to Bitcoin.com wrote that "[Scott] and his team are busy working on the investigation and developing an immediate solution."
A week ago, the platform had announced membership increases of 1600% and users rewarded with $1.3 million dollars through posting popular material.
"The community and the blockchain together power a system that gets better and better every day," Scott said at the time.
The platform's website is inaccessible while the immediate investigation remains ongoing.
Let us know in the comments section below!
Images courtesy of hob-trendtalk.com, getcoin.today.

This is news bot service provided by @dog. please read it from original source at https://news.bitcoin.com/steemit-hacked-weak-security/