Cyber Attack

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Cyber Attack in Steemit context refers to a steal attack suffered on Steemit weeks after the official launch in July, 2016.

In the attack, fewer than 260 accounts were compromised, and less than $85,000 worth of Steem Dollars and Steem may have been stolen.

The hack was quickly contained. Users whose accounts were compromised were completely reimbursed.

The Steem protocol itself (the "coin") was not hacked, nor was any smart contract running on top of the Steem protocol. It was a website hack where a hacker stole funds and account credentials.

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