Steemit, the blockchain-based social media platform that was targeted in a cyberattack saw malicious hackers hack user accounts and their balances. Since then, a recovery process has seen compromised accounts with balances over $100 USD, restored and refunded to the affected users.
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Blockchain-powered Steemit saw some 250 user accounts compromised along with $85,000 in Steem dollars and the token cryptocurrency Steem, stolen, in a cyberattack yesterday.
A recent update from Steemit CEO Ned Scott reveals that the Steemit team has since been able to secure compromised accounts containing balances over $100 USD. These accounts have also been restored to their rightful owners, Scott revealed.
He also revealed that platform will begin to allow all of those secured accounts to reset their passwords, within the next two days.