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Saturday, October 5, 2024

Coinstats Security Breach Hits More Than 1,500 User Wallets

Crypto portfolio tracking app Coinstats has found itself at the center of a security breach, impacting approximately 1,590 user wallets.

Crypto portfolio tracking app Coinstats has found itself at the center of a security breach, impacting approximately 1,590 user wallets. The Coinstats data breach, which occurred on June 22, 2024, has been attributed to a group with alleged ties to North Korea, marking a concerning development for crypto investors.

Coinstats swiftly responded to the breach by taking down its application temporarily. This proactive measure was aimed at containing the data breach at Coinstats and preventing further unauthorized access to user data and funds.

The affected wallets, constituting about 1.3% of all Coinstats wallets, were primarily those created directly within the app. Fortunately, wallets connected to external exchanges and platforms remained unaffected, providing some relief amidst the security scare.

Read the full story.

Homeland Security Today
Homeland Security Todayhttp://www.hstoday.us
The Government Technology & Services Coalition's Homeland Security Today (HSToday) is the premier news and information resource for the homeland security community, dedicated to elevating the discussions and insights that can support a safe and secure nation. A non-profit magazine and media platform, HSToday provides readers with the whole story, placing facts and comments in context to inform debate and drive realistic solutions to some of the nation’s most vexing security challenges.

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