The IOTA foundation hopes to reactivate its network in early March

The foundation IOTA found the fault which allowed hackers to steal approximately $ 2 million in tokens IOTA in wallets Trinity. It intends to reactivate its network on March 2, 2020.

In a long article, the foundation IOTA, the entity in charge of the development of the IOTA network, returned to the "piracy" of February 12, which affected several Trinity wallets (the official IOTA wallet).

The foundation explained that the flight resulted from a vulnerability on the software development kit (SDK) of Moonpay, a third-party application integrated into Trinity since November 2019 and allowing to exchange IOTA tokens for fiat money.

The biggest mistake we made was not to integrate the NPM package and not correctly audit the integration. The pressure to release a new version as soon as possible ultimately leads to this error, ”said Dominik Schiener on TheBlock, stating that about $ 2 million in tokens had been stolen.

The foundation "is currently working" to compensate the victims. She plans to relaunch her network, and reactivate her coordinator, the March 2.

We keep in touch with crypto-scholarships involved and the authorities, hopefully to find the perpetrator and recover as many stolen tokens as possible, "she concluded.

Last week, the foundation released a corrective for his portfolio Trinity.

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