Nobody's Blurt account has been hacked! (Prove me wrong.)
Recently, R2Cornell (one of Blurt's biggest curators) announced he was leaving after having some funds stolen. Speculation swirled that his account had been "hacked", and the price continued to fluctuate and drop (during a time the rest of the crypto market was rising).
Investigation by MK and others revealed the account keys had not been changed, and someone with access had probably stolen some tokens and dumped them on an exchange. So it wasn't a hack (the Blurt code was not exploited or modified), but almost certainly just a simple case of theft. And yes, the keys to the account in question had been given out to many people, and used on many applications. It's a well-known and popular curation project. Considering the keys had been shared around, and never changed, and the account held a good amount of money, it's not too shocking some of it got nicked.
To be clear, I want to point out that R2Cornell didn't say Blurt was hacked. It was merely people in the comment section (and other posts) who spread that rumour. And let me remind you, even the mere rumour that a platform is corrupted and vulnerable will destroy it forever in the minds of potential users. If Blurt was hacked, then yes, we need to make people aware of that risk.
But it wasn't hacked! Someone's keys were misused. As far as we know, Blurt has NEVER been hacked. Feel free to prove me wrong, but I know of no instance where someone exploited or damaged the code maliciously.
By the way, R2Cornell announced he has stopped selling his remaining tokens, and is resuming his curation project.
The massive volatility in BLURT price I documented recently, which I first attributed to the US govt announcing they were going to regulate cryptos, was apparently more because a thief was dumping tokens onto an exchange. And possibly also when R2Cornell found out what happened, selling some of the remainder.
Conclusion
As far as anyone knows, Blurt wasn't hacked last month, despite all the rumours, all the posts, all the comments, and the price instability. I see people, even now, talking about "the hack". Let's put that wording to rest, right now. Unless you can prove the platform was actually hacked, please realize what a bad idea it is to spread such a false rumour, and stop doing it.
Blurt wasn't hacked. Somebody made a little mistake, and someone else took advantage of them for it. It sucks for those involved, but the good news is the platform is safe and secure, as it has always been. The depressing effect this has had on the token price wasn't legitimate, and as more people realize no hack actually occurred, the price may rebound strongly.
Blurt on!
DRutter
