Umbrel (1.1.1) can't be accessed anymore

So after successfully running the latest image in a virtual machine for the past few days, when I tried to access it today via browser it would just not respond.

Log in via ssh returns “Login incorrect” when it usually would normally work using user name ‘umbrel’ and password ‘umbrel’. I also tried variations with the server name and password, no luck.

Also, I noticed it would consume almost all CPU resources, so it seems to be stuck in some kind of loop… I restarted the machine but still the same.

Anyone else experiencing this?