Cryptocurrency portfolio manager CoinStats has temporarily suspended user activity following a security breach that affected 1,590 cryptocurrency wallets.
“The attack has been mitigated and we have temporarily shut down the application to isolate the security incident,” Coinstats said in a statement on June 22. post.
“Thanks to the swift incident response by the CoinStats team, only 1.3% of all CoinStats wallets were affected, totalling 1,590 wallets,” they added, claiming that “none of the connected wallets or CEXs were affected.”
The extent of the security incident is still unknown
CoinStats did not disclose the extent to which wallets were affected by the security breach, but promised to “provide updates as soon as they are available.”
The portfolio manager is Website The company claims that it “requires read-only access” to connected cryptocurrency wallets, so users’ holdings are “completely safe under all circumstances.”
The platform is a way for users to connect all of their wallets and use it as an overall cryptocurrency portfolio tracker, allowing them to view all their wallets in one place.
Coinstats has published a Google document listing all currently affected cryptocurrency wallets, noting that the list is “subject to change” as the investigation progresses, but no major changes are expected.
“If your wallet address is on this affected list, please move your funds immediately using your exported private key,” the company said.
However, members of the cryptocurrency community have warned victims on the list to be wary of scammers contacting them under the guise of resolving their situation.
“Scammers are smart. If your address is on this list or you use Coinstat and post about it, it’s likely a scammer is trying to contact you to ‘help’ you. Don’t trust anyone,” said anonymous crypto commentator PPman. I have written.
More Cryptocurrency Companies Face Security Breaches
This comes after several crypto platforms recently experienced security incidents.
Cryptocurrency data aggregator CoinGecko recently confirmed that a data breach occurred at third-party email management platform GetResponse.
On June 5, CoinGecko confirmed that a data breach had allowed attackers to export contact information for over 1.9 million CoinGecko users.
Related: Rain Exchange lost $14.1 million worth of crypto assets due to an exploit discovered two weeks ago
On June 12, Crystal Intelligence revealed that the cryptocurrency industry had reportedly fallen victim to 785 hacks and exploits over the past 13 years.
In the 13 years since the first cryptocurrency hack was reported on June 19, 2011, approximately $19 billion worth of digital assets have been stolen.
Cointelegraph reached out to Coinstats for comment but did not receive a response by the time of publication.
magazine: “Bitcoin Layer 2” Isn’t Actually L2: Why This Matters
