Stepn: Move-to-Earn NFT App, Faces Cyber Attack After Upgrade

The ‘Move-to-Earn’ NFT app that pays you crypto to exercise like walking, running & jogging, suffered a cyber attack after an upgrade on their platform.

After the cryptocurrency business changed its technology, Stepn, a “move-to-earn” app hosted on the Solana blockchain, was subjected to repeated decentralized disruption of service (DDOS) attacks.

Stepn, which pays users with bitcoin for walking or running, advised customers to “get some rest” as the company worked to safeguard its servers and retrieve from the multiple attacks.

Stepn users are now experiencing an outage as a result of a June 3 network “anti-cheating” update. The goal of this update was to remove bots from the network and prevent prizes from being gained by the use of forged motion data.

Users must first acquire a “virtual shoe” in the format of a NFT (non-fungible token) before using Stepn to earn incentives for walking, jogging, or running (NFT).

On OpenSea, an NFT marketplace, these sneakers start at roughly $350 and are valued in Solana (SOL).

Stepn revealed the incident on the social media channel Twitter shortly after it occurred.

On Sunday, June 5, the company announced that its specialists were trying to resolve the cyber-attacks, which might take anywhere from one to twelve hours.

Stepn posted on Twitter on Sunday through its official handle,

“We have been under multiple DDOS attacks in the past hours. Our engineers are working hard to fix the problems. Securing the servers and recovery may take anywhere from 1 to 12 hours.

We recommend you take some rest during the maintenance, otherwise, the work-outs may not be recorded properly.

We will announce it here once the recovery is complete. Thank you so much for everyone’s patience.”

However, the cryptocurrency platform declared on Twitter on Monday that it was trying to rectify the problem.

Stepn said in a tweet that its teams are working on the situation and that most of the issues caused by the DDOS assaults have been resolved, while urging users to keep walking, jogging, and running on the platform.

Despite the DDOS assaults that Stepn has been subjected to, the Green Satoshi Token (GST), the cryptocurrency’s native token, has not seen a significant drop in value in recent days.

Rashmi

Rashmi Sacher, a seasoned journalist at India Observers, is your source for compelling stories in the spheres of National News, Politics, and more. With a commitment to delivering insightful updates, Rashmi ensures you stay well-informed on the latest developments shaping the nation. Trust in Rashmi Sacher's dedication to providing a comprehensive understanding of the political landscape and national affairs.

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