MyEtherWallet Urges Hola Users to Move Funds After Been Attacked through VPN service

MyEtherWallet Urges Hola Users to Move Funds After Been Attacked through VPN service

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July 10, 2018 by Jane
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MyEtherWallet, one of the internet’s most popular services for managing cryptocurrencies, suffered a serious security breach for the second time this year. After a couple of breaches and a close call, MyEtherWallet (MEW) apparently is playing safe and is warning its users about every possible threat that could come their way. Hola’s Chrome extension seems
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MyEtherWallet, one of the internet’s most popular services for managing cryptocurrencies, suffered a serious security breach for the second time this year.

After a couple of breaches and a close call, MyEtherWallet (MEW) apparently is playing safe and is warning its users about every possible threat that could come their way.

Hola’s Chrome extension seems to be in more danger. In a tweet, MEW urged them to transfer funds immediately to a newly-created account.

The company said that Hola was compromised for a period of five hours, during which time any Hola users who navigated to MEW and accessed their wallet with the VPN switched on may have been affected.

It isn’t yet clear how many users were hit, but the situation recalls a similar incident in February when MEW was affected by a DNS attack that saw at least $365,000 of crypto stolen from users.

With little details about how the issue was possible to have started to surface on social media networks such as Twitter but with few words from MyEtherWallet and Hola yet to respond people are simply left guessing.

The breach supposedly has ended, so MEW users could just go ahead, make a new account and transfer all their coins there, emptying the old wallets, which would cost them transaction fees.

 

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