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Those affected are our community members and builders and we can only imagine the pain this has caused. Any type of security breach in our industry tests our resilience, but we believe we will move forward together as a community. 🧵3/
We have also engaged Chainalysis to help trace compromised wallet transfers and freeze funds if they are deposited in an exchange that integrates with and acts upon Chainalysis data. 🧵2/
Algorand Foundation is bringing in Halborn, best-in-class blockchain security firm, to investigate and combat this on behalf of those impacted. 🧵1/
This has been a truly difficult time for the Algorand community. The security breach has impacted a number of users of the MyAlgo Wallet, a third-party wallet by Rand Labs. ICYMI: Tokenized real estate platform @Lofty_ai dropped their roadmap for 2023 in this recent chat with @Ozery & @FredEstante ⬇️
https://t.co/Y9XKKrsRLv 🧵10/
We will continue to provide updates.
In the meantime, our CTO, @JohnAlanWoods, just recorded a video on wallet security that we suggest watching ⬇️
https://t.co/BFPDVQyfvQ 🧵9/
3) Rekey your wallet on @deflyapp app:
https://t.co/CnM7pyq4sv 🧵8/
2) Rekey your wallet on @PeraAlgoWallet web app:
https://t.co/gHYlDWToKY 🧵7/
Please find below a few tutorials to rekey on other wallets:
1) Rekey your wallet to a new wallet on @PeraAlgoWallet app:
https://t.co/RFWcImFDAx 🧵6/
Users of @myalgo_ should withdraw funds now to newly created accounts (outside of MyAlgo), or rekey to another wallet created outside of MyAlgo or to a hardware wallet. 🧵5/
As a precautionary measure, @myalgo_ has requested all users to move their assets out of wallets that have interacted with their platform.
https://t.co/IqW50BJGaU 🧵4/
We’re told by @myalgo_ that they have not yet identified any security issues, and are continuing to audit the platform, awaiting data from CDNs, VPS providers, etc. 🧵3/
We have been in close communication with the @myalgo_ team during this investigation, but it’s important to clarify that MyAlgo is a third-party wallet provider, not directly associated with Algorand Inc or the Algorand Foundation. 🧵2/
Due diligence was performed on the @algorand protocol and the SDK for vulnerabilities, and none were found.
The Algorand protocol is robust and secure, and has not been compromised. 🧵1/
RECAP For our community, we want to provide clarity and reassurance regarding the unauthorized access and movement of assets from selected users’ third-party wallets. 👀 Sneak peek @lildurk @nxtg3nz @shuflalgo
Builders keep on building #onlyonAlgorand
Drops today 🔥 https://t.co/rcY7FWcMm8 https://t.co/MeZCKVStkn Voting is now open for the 6th period of #Algorand Community Governance to eligible Governors!
To review the voting measures proposed and cast your vote visit:
https://t.co/RcQCnyOrYn
#AlgoFam #Governance https://t.co/DuePGhM2EM More #DeFi on @Algorand?!
YES!
Recently @Althenalabs joined us on a Twitter Spaces to share all about the DeFi protocol they are building on #algorand through @algorandeurope.
Catch the recording now ⬇️
https://t.co/oyrqhl6cGa
#AlgoFam #Algorand #Algonauts @CoinDesk @unitygames @Algorand @Aptos_Network @Immutable @MetaMask @solana @tezos Thrilled to grow with our builders and gamers! We’re thrilled about the integration with @unitygames that allows the new generation of gaming builders to innovate the way players engage with their games! The...
✔️ Engineering and Consensus
✔️ Data feeds
✔️ Implementations
✔️ Business Development
Check it out now at⬇️
https://t.co/cvYon48mjP
#AlgoFam #Goracle #Algorand https://t.co/aAFkpOe7pF The best #developer experience is coming to the best #blockchain!
@JohnAlanWoods and @loedn_ joined the community for an AMA on AlgoKit and shared a lot of 🔥 info.
Head out NOW to ⬇️
https://t.co/y7KIXPW4We
#AlgoFam #Algorand https://t.co/qjhjhRFRz2 The @xbacked team recently joined us for a #reddit AMA to discuss with the $ALGO fam all about their vaults and decentralized stablecoin!
Check out the AMA now at ⬇️
https://t.co/VrVX5nBKO1
#AlgoFam Tokenized real estate sounded like a dream, until @Lofty_ai came around and made it a reality!
In this chat, @PMDBT (CEO) joined @Ozery and @FredEstante to give a recap on what Lofty has accomplished so far, and also dropped the roadmap for 2023 ⬇️
https://t.co/dJC4msWhHa And finally, a huge warm welcome to Yannie @weibaobao2030 our Mandarin-speaking Algorand Community Champion! Yannie is working to attract new users to Algorand and maintain the active engagement with our existing users. https://t.co/vvluMppOKG Tomás Mujica is ready to light it up as our Spain #A...
We’re excited to announce that our new Community Champions Team has been selected! And with over 215 applications from Algorand community builders across six continents, the choices weren't easy.
#AlgoFam please give a warm welcome and a round of applause to … https://t.co/ggzqznBsTu Name a better duo, we’ll wait …
Our collaboration with @RunOnFlux will enable greater innovation and collaboration within the blockchain ecosystem and will help to secure a truly decentralized infrastructure for #Web3 apps.
Let’s do this 🤝 @MessariCrypto 👋.. forgetting anyone here? https://t.co/sDAGeTjnMu Voting is now open for the 6th period of #Algorand Community Governance to eligible Governors!
To review the voting measures proposed and cast your vote visit:
https://t.co/3AvGx2TTVM
#AlgoFam #Governance https://t.co/8g4P0KVCLZ Excited to share the official details of our Night in Paris during @parisblockweek. Join us at the iconic @galerie_joseph of Le Marais on March 22nd for a night of curated #NFT art, food, drinks and entertainment . Save your spot now: https://t.co/HoVAZO1WjB https://t.co/ik...
@Algo_Bharat https://t.co/Hup3tVhCEU 📣 Calling All Builders📣
Only a few days left to sign up for the Algorand Hack House in Hyderabad, a 3-day curated event full of technical and start-up workshops with an exciting #pitchcompetition to top things off. Learn more and sign up here: https://t.co/mLqnQnzay8 Annnnnd … ACTION! 🎥 A round of applause for the latest additions to the #Al...
Learn more here 👉 https://t.co/4cgXLi5rza @livgolf_league You said it 😎
https://t.co/pHnzTRBPQU Imitation is the greatest form of flattery. Congrats ETH. Welcome to the club.🏌️‍♀️ Attn: Devs: Come on and join the @algodevs community over on Discord, where you can learn more about deploying your project on our EVM Layer 2 🤝 Join here: https://t.co/hm4XfGb4FL
#Algorand #developers #Ethereum https://t.co/1IFq3wNIZi We believe that the #NFT community is an integral part of the Algorand ecosystem, and we look forward to working with them to build a more engaging and transparent ecosystem. Stay tuned for more updates on this exciting development! #Web3 #NFT #OnChainVoting Final...
https://t.co/q4ggz9WAu3 The #Web3 team is taking a step forward in building a more engaged & transparent relationship with the #NFT community & the NFT Council voting process is just the start of it. https://t.co/CMRDoPAaEk The @xbacked team recently joined us for a #reddit AMA to discuss with the $ALGO fam all...
Check out the AMA now at ⬇️
https://t.co/VrVX5nBKO1
#AlgoFam https://t.co/htkchtzHDe @evarodriguez_m 💙 Join @AlgoDevs at #EthDenver
Find us at The Pit Hacker House with @EncodeClub for daily Office Hours until March 5 & get your official Algo Beanie
https://t.co/d7QRAUxtKB
#AlgoFam #Developers #ETHDenver https://t.co/B4wqEjHPQ8 @CoinDesk @ethereum @cryptauxmargaux 👀 The #dev community keeps growing strong in @algorand!
In partnership with @algo_foundry, @rokk3r_inc is working to train, and position in the market, the next generation of @algorand #devs!