Cryptocurrency IOTA stollen due to online key generator. CREATE YOUR OWN PASSWORDS!
Source: Admin from IOTA facebook group
There are reports from several people about stolen IOTA popping out on IOTA facebook group.
It seems origin of the problem was automatic key generators and not really a problem with the "currency".
Source: facebook
IOTA is great, it focus on the Internet Of Things use case and is not based on blockchain but on "Tangle" technology. It think it has a great future since there are no fees and extreme fast transitions. Keep an eye on in. Bosch, the Tech giant from Germany has invested on it.
CREATE YOUR OWN PASSWORDS!
This affects thousands of wallets where funds have been stolen in the last few days. If IOTA has no way to roll this back, they can consider themselves dust of history, class action law suit will likely follow.
It is not really their fault. People have used unofficial tools/methods to create the seed. I think IOTA is here to stay
You can use the Tool "Keepass2" - generate a 81 char in caps wich include the number 9
I think there is a very long way to go until the crypto ecosystem is completely safe. It is possible to have your copy paste function compromised, this basically can affect the access to any wallet, exchange, etc
You are right, there is always a risk if you use the private key on the internet. I hope any time Ledger Nano will be able to add IOTA.