The cyber attack, according to CEO Ned Scott, affected over 260 user accounts. As he confirmed further, the platform have also incurred a small loss – worth around $85,000 – in the form of their native cryptocurrencies Steem Dollars and Steem. While the origin (of the attack) and perpetrators behind it are still unknown, the platform is currently working with cyber security experts and law enforcement authorities to investigate the incident.
Steemit has successfully contained the security threat. As the team works on assessing the damage and investigate further into the incident, some of the features may be temporarily unavailable for the users. Steemit has comforted the community by announcing that the user accounts and wallets are not at any risk and the normal operations will be resumed soon.
Source: Blockchain Social Media Steemit Compromised; Investigation Underway


Steemit, the social media platform where everyone gets paid to post online, has just rolled out it’s BETA. Led by CEO Ned Scott, formerly in private equity, and CTO Dan Larimer, the creator of Bitshares – Steemit today released a publicly available beta version of a social media content aggregator designed to reward content creators and curators with cryptocurrency.