IOTA Attacked for Subpar Wallet Security Following $4m Hack

in subpar •  7 years ago 

It has received a lot of public leakage back in December for allegedly instigating these projects on "partnership" with Microsoft. This is not the first time the IOTA has come in the attack. This time, this issue is a feature of the technique, which clearly allowed scammers to steal $ 4 million from many unaccredited users.

Poisonous Seeds

Many of its users rely on online key generators so that 'iotaseed.io.' These IOTA wallets require users to generate their own seeds (private key) independently. This IOTA project is the target of public anger and criticism again.

SOURCE - https://news.bitcoin.com/iota-attacked-for-subpar-wallet-security-following-4m-hack/

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