The world of cryptocurrency can be dangerous and its users should always be up to par with information updates and potential risks that could harm their savings.
In this case, the developer team of Komodo hacked its own user wallets out of funds worth almost $13 million, but this was not meant to rob users of their savings but completely the opposite, it was to protect them from a potential theft in the future.
The malware was found which could lead to hackers gaining wallet seeds and logins. Before someone exploited this for bad the developer team used the same backdoor created by the malware to remove the money from the affected Agama wallets.
The developers said that they were able to protect 8 million komodo and 96 bitcoin tokens from the hands of hackers totaling up to nearly $13 million.
What Has Been Done To Prevent Such Things From Repeating In The Future?
The developer advised users to switch to newer wallets and create new Komodo and Bitcoin addresses and change their login information so hackers would not be able to use their old data for planning new attacks in the future.