**Hackers Steal Millions From IOTA Wallets**
Hello everyone!
Really sad news for the much promising Coin.
https://www.ccn.com/a-number-of-iota-wallets-emptied-by-hackers-due-to-online-seed-generators/
Seems that their wallet has had its ups and downs for the last couple of months, considering the total "blackout" in transfers last December, the "explosion" after the announced partnership with Microsoft the same month and and the occurrence of several vulnerabilities from Fall till this day.
Lets hope that future hold better days for the IOTA community.
Till then stay vigilant and up to date !
Cheers!
On the one hand this is sad for the individuals, but there is absolutely no evidence for this coin to be Top 10 anyway - only cooperations and made up news that may soon to be proven fake. They are not even able to provide a working wallet. What a joke...
Unfortunately that seems very true...
One of the largest criterion to consider when you purchase into a coin is, can you store it locally, without relying on any 3rd party.
Kinda like, gold and silver. If you don't hold it, you don't own it.
Of course all crypto relies on a blockchain and hundreds of peers, but there is no reason to rely on a single centralized entity with your future wealth.
Hello. Yes, people used malicious generator in an incorrect way. I made generator which is safe and useful.
Post about it:
https://steemit.com/iota/@giorgi.earth/iota-web-wallet-seed-generator-with-js