The cryptocurrency industry seems to be mired in scrutiny lately – and rightly so. One of the latest developments involves OpenLedger, which has lost control of its .io and .info openledger domains. The company recently reported that its GoDaddy account was compromised, which led to the hijack of its domains.
As a result of the issues surrounding OpenLedger, the platform’s decentralized asset exchange (DEX) has become unsafe to use. Those who participate in OpenLedger should not access the platform or its websites.
This warning is not due to speculation, but OpenLedger’s own statements. The company itself has warned individuals to avoid logging into their accounts until further notice. Those who are interested in learning more should visit the platform’s Twitter account, which provides more detail. But, for a streamlined look, here is what the platform said on its account,
“Dear OpenLedger Users, all deposits/withdrawals and OpenLedger.io domains are temporary closed, until circumstances are clarified. Our technical department is working hard to open it as soon as possible.”
At this point, seems that trading on OpenLedger has been suspended. Further, deposits, withdrawals, trading, and transfers will be suspended, as per the company, until it regains control of its domains. Further, the platform’s legal and technical teams are working with GoDaddy to get things back up and running. For now, the exchange recommends that individuals access wallet.bitshares.org and market.rudex.org domains if they want to access the exchange. These platforms are not affected by the hijacking so users can securely make deposits and withdrawals.
Note from Ronny Boesing
Dear All, I sympathize with those users who were affected by the recent hosting provider’s account breach. Though it wasn’t our fault that credentials of some OpenLedger DEX wallets were stolen, resulting in lost crypto assets, I couldn’t stay still. Starting from July 2, our trading platform will launch the Reimbursement Program for such users.
Read more in the official announcement at https://dex.openledger.io/access-issue-ol-reimbursement-program/
Yours sincerely Ronny Boesing, CEO, OpenLedger ApS.