32.1 C
Delhi
Sunday, September 19, 2021

DNS Hijack: MyEtherWallet Users Lose $150K Worth Assets

Must read

Both environmental and genetic factors cause cancer!

Cancer is a deadly disease which occurs when cellular changes cause cells uncontrolled division and growth. Rapid cell growth is driven by cancer, while...

None of the world’s major economies are in line with Paris Agreement!

According to an analysis published on September 15, none of the world's major economies, including the entire G20 countries, have a climate plan that...

The apps that help a person to stay fit!

According to fitness experts, physical fitness is a state of health and well-being and the ability to perform daily tasks. It is achieved through...

Whatsapp Introduces New Payments Backgrounds Features

The most popular social media app Whatsapp is now all set to compete with other digital money transfers apps like Paytm, PhonePe, and Google...
- Advertisement -

Tuesday was a sad day for users of Myetherwallet (MEW) as many of them have lost their funds. This worlds famous ether wallet suffered DNS attack yesterday. Many of the users of this wallet reported that they had found a suspicious activity while accessing this web-based wallet. Later, they found that they had lost $152,000 worth of ether coins. The company had quickly issued a warning for its customers. Within 15 minutes of this hacking, the company had traced it and issued a warning to the users. After that, the users took to social media to tell that they have lost their funds.

Clicking Myetherwallet app either took the users to phishing sites or to invalid connection certificates. The lead developer of Myetherwallet has warned the users to avoid using this wallet through Google Public DNS. He further explained that the attack was not on their side. Instead, the hackers have hijacked DNS servers. These hijacked servers are leading the users to bad servers that can steal their private keys.

- Advertisement -

The company has started to shuffle the affected funds. It is also breaking the funds into smaller increments with the help of data stored in the blockchain. The company is storing these little increments in different wallets. The company had noted 179 inbound transactions. The CEO of the company says that all the DNS servers are resolving back to their correct addresses. But still, he requested the users to wait another hour or two before using their wallets.

The CEO also praises Google for fixing the issue in very short time. He further says that almost all the secured sites are prone to such attacks in this world. He expresses hope that MEW team will soon convince the users to use hardware wallet. Google has given no comments on this hijacking of DNS servers.

- Advertisement -
- Advertisement -

More articles

- Advertisement -

Latest article

Both environmental and genetic factors cause cancer!

Cancer is a deadly disease which occurs when cellular changes cause cells uncontrolled division and growth. Rapid cell growth is driven by cancer, while...

None of the world’s major economies are in line with Paris Agreement!

According to an analysis published on September 15, none of the world's major economies, including the entire G20 countries, have a climate plan that...

The apps that help a person to stay fit!

According to fitness experts, physical fitness is a state of health and well-being and the ability to perform daily tasks. It is achieved through...

Whatsapp Introduces New Payments Backgrounds Features

The most popular social media app Whatsapp is now all set to compete with other digital money transfers apps like Paytm, PhonePe, and Google...

OnePlus unveils a dual-screen phone soon

As the Chinese company OnePlus posted a teaser on its social media account, it seems that the company is all set to unveil its...