Steemit, the Reddit like social media platform on blockchain that allows people to monetize their content has reported a security breach. The incident had left a handful of user accounts compromised.
Ned Scott, the CEO of Steemit had announced a possibility of over 200 user accounts being compromised and a theft of around $85000 in Steem and Steem Dollars. The platform is currently working with the Federal Bureau of Investigation, Cybercrime authorities and Bittrex to investigate the hacking incident.
Steemit has so far successfully identified the compromised accounts and restored access to its right owners. The platform has announced that it will be reimbursing the affected users who have lost their Steem deposits during the hack.
Steemit has urged all the users to reset their login credentials to prevent further breaches from potentially compromised accounts. However, Steemit expects few users to face issues while resetting the login credentials, especially those who have not signed up using their social media accounts. For such users, the platform will extend support to enable them to regain access to their respective accounts. Those who are not able to reset their credentials are requested to contact Steemit for speedy resolution of the issue.
Steemit is currently running in a limited capacity with the deposit and withdrawal of Steem disabled until Bittrex completes the analysis of Steem wallets to ensure security compliance. Steemit is confident about the complete restoration of services the coming days.
Steemit also requests the users to choose unique passwords for the three keys viz., Owner Key, Active Key and Posting Key associated with each account so that they can safely continue posting on the platform using their ‘Posting’ password. Meanwhile, those having any queries or facing issues with the Steemit are urged to reach out to the support team on email@example.com.
Ref: Steemit Blog