Show Posts
June 22, 2021 – Non-custodial crypto wallet Blender Wallet has been hacked. The hackers withdrew the amount of 100 BTC in total.
As a non-custodial service, Blender Wallet doesn’t store data about users on servers. The Blender Wallet team has immediately disabled registration and access to the wallets to protect users’ funds and make sure that newly generated seed phases won’t get in hacker’s hands.The executives promise to cover the losses from Blender Mixer’s reserves. Every user who has lost the money due to the hack will get the exact amount of money on their balance. Further information on compensation will be available at https://blenderwallet.io and @BlenderWalletio_English Telegram channel.
“Over the course of investigation, we promise to figure out how hackers managed to hack a non-custodial solution, as we don’t store any data granting access to users’ balances on our servers. We initiated an internal investigation. The details of how hackers got access to users’ funds are still unclear,” commented the officials. "The whole crypto community, be it a regulated exchange or a mixer, should deploy all the forces against cybercrime, as it's users who get affected in the first place. And as a service we must do whatever we can to protect funds that we've been entrusted with."
As a non-custodial service, Blender Wallet doesn’t store data about users on servers. The Blender Wallet team has immediately disabled registration and access to the wallets to protect users’ funds and make sure that newly generated seed phases won’t get in hacker’s hands.The executives promise to cover the losses from Blender Mixer’s reserves. Every user who has lost the money due to the hack will get the exact amount of money on their balance. Further information on compensation will be available at https://blenderwallet.io and @BlenderWalletio_English Telegram channel.
“Over the course of investigation, we promise to figure out how hackers managed to hack a non-custodial solution, as we don’t store any data granting access to users’ balances on our servers. We initiated an internal investigation. The details of how hackers got access to users’ funds are still unclear,” commented the officials. "The whole crypto community, be it a regulated exchange or a mixer, should deploy all the forces against cybercrime, as it's users who get affected in the first place. And as a service we must do whatever we can to protect funds that we've been entrusted with."
How was this possible if it's a "non-custodial wallet"? Please elaborate...
Requesting the seed phrases and passwords from your users to be sent without encryption to an email address that might be compromised sounds highly suspicious.
