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Security Cointelegraph

MyAlgo users urged to withdraw, as cause of $9.2M hack remains unknown

The Algorand wallet provider said it still hasn’t determined the cause of exploit that’s drained millions in ALGO, urging users to withdraw funds from wallets created with a seed phrase.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

MyAlgo users urged to withdraw, as cause of $9.2M hack remains unknown

The Algorand wallet provider said it still hasn’t determined the cause of exploit that’s drained millions in ALGO, urging users to withdraw funds from wallets created with a seed phrase.

Why this matters

This security story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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