IOTA Foundation Plans To Activate Network Next Week

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On the 12th of February, the Foundation announced that it shut down its Coordinator node because it received several reports of a breach. Many users’ wallets were mysteriously emptied, prompting the Foundation to take action.

IOTA first released a new Trinity Desktop version, asking its community to log in through it, so they can report any anomalies noticed in their wallets.

Also, IOTA says that the attackers most likely took advantage of a “third-party dependency from Moonpay”, which is a fiat-crypto platform.

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