However, if you do use both MEW and the Chrome extension, MEW recommends that you transfer funds from your existing MEW account into a new one, as soon as possible. This hack doesn’t affect MEW users who don’t also use the Hola VPN Chrome extension.
It’s difficult to know exactly who was behind the hacking, although MEW has stated on Twitter that the attack appeared to have come from a “Russian-based IP address”. It’s important to note, that Hola hasn’t commented on this hacking incident either on its Twitter account or on its website – we’ll update, though, should this change. Hola VPN Hack: What Happened?Īccording to MEW, it received a report that suggested the Hola Chrome extension was hacked for approximately five hours, and that the attack would log users’ activity on MyEtherWallet.īy tracking user activity, it would, in theory allow the hackers to replicate the sign-in process and transfer funds out of the MEW accounts. It’s the second time this year that MEW has suffered a security breach, but this incident serves more as a reminder why should avoid free VPN services rather than crypto wallets in general. To be clear, it was the Hola VPN hacking which could then give access to the MEW accounts – MyEtherWallet has not, itself, been hacked. The hackers targeted the Hola VPN extension for Google Chrome, in order to gain access to MEW – a popular solution for managing cryptocurrencies. Hola VPN, a widely-used free VPN service, was hacked earlier today as part of an effort to steal cryptocurrency from MyEtherWallet (MEW) accounts.
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