Attention PlanetWatchers.
03 Apr 2023, 10:03
⚠️ Attention PlanetWatchers! ⚠️
🚨PlanetWatch will halt the reward engine for the next two days to give users whose accounts were compromised by the MyAlgo incident more time to rekey their wallets, since the second wave of this hack targeted all ASAs, including Planets.
⚠️ Any wallet that was used at any given time in the past with MyAlgo is potentially compromised!
➡️ Everyone who has a wallet that was ever opted in via MyAlgo, even if not yet affected by the hack, should proceed to rekey it immediately (unless you have already rekey it or are using a ledger).
ℹ️ Please note that migrating a compromised wallet to a different service like Pera Wallet does NOT secure the access. The only way to secure a compromised wallet is to rekey it to a new fresh wallet.
The most convenient & fast solution is to:
1. Recover the old wallet which is compromised from MyAlgo via seed phrase into Pera Web
2. Make a new wallet in Pera Web
3. Send 0,5 ALGO from the old wallet to the new wallet
4. Click on the three dots on the old wallet, select “Rekey” and then choose the new wallet
5. Done!
(More detailed info here:
You can also follow the same procedure but instead rekey to a ledger wallet.
After the rekeying is performed, either the new wallet from Pera or the ledger wallet will be needed every time you have to sign a transaction - the old wallet has “handed over authority” to the new one.
All funds will and can remain in the old wallet. If your old wallet has sensors in it, the rewards will continue to be issued there. However, no one will be able to access those assets without the new wallet’s credentials.
‼️IMPORTANT:
- Bear in mind that, to keep the new wallet safe, it must NEVER get in contact with MyAlgo.
- If you have multiple wallets to rekey, you can rekey them all to a single new wallet.
- Never rekey a compromised wallet to a different compromised wallet or to itself.
Lastly, rest assured that, once the reward engine is resumed, your sensor rewards from these two days will all be paid out at once, and the HODLER bonuses will be recovered. Nothing will be lost.
Same news in other sources
1
03 Apr 2023, 10:10
In light of the second wave of @myalgo_'s hack, which is targeting all ASAs including Planets, we have made the decision to 🛑🤚 halt the reward engine for the next 2 days to give users whose accounts were compromised more time to #rekey their wallets
In light of the second wave of @myalgo_'s hack, which is targeting all ASAs including Planets, we have made the decision to halt
In light of the second wave of @myalgo_'s hack, which is targeting all ASAs including Planets, we have made the decision to 🛑🤚 halt the reward engine for the next 2 days to give users whose accounts were compromised more time to #rekey their wallets