A wallet application that allows users to store various kinds of cryptocurrencies & is available on various platforms.
A couple of days ago, the company tweeted it had received reports about its application getting hacked.
The firm is working with third-party security companies to assess the situation and block the stolen funds on exchanges.
Though nothing is yet confirmed, and the support team is collecting the victim's address.
It works with the major exchange and blockchain firms to track down & block the stolen funds.
A cryptocurrency research firm said it had analyzed the transactions of the stolen funds.
The cryptocurrency research firm says that the stolen funds from the wallets are in millions.
It is unknown how the compromise occurred & the users are advised to transfer the funds to other wallet applications.