1,590 CoinStats crypto wallets ‘affected’ by security breach
Cryptocurrency portfolio manager CoinStats has temporarily suspended user activity due to a security breach involving 1,590 crypto wallets.
“The attack has been mitigated, and we have temporarily closed the application to identify the security incident,” Coinstats wrote in a June 22 X post.
“Thanks to the quick response from the CoinStats team, only 1.3% of all CoinStats Wallets were affected, a total of 1,590 wallets,” he added.
The extent of the impact from the security breach is not yet known.
CoinStats did not reveal how many wallets were affected by the breach, but promised to do so “as updates become available.”
The portfolio manager said on its website that users' holdings are “absolutely secure in any case” as they request “read-only access” to the connected crypto wallets.
The platform allows users to connect all their wallets and use it as a comprehensive crypto portfolio tracker, allowing them to view all their wallets in one place.
Coinstats has published a Google document listing all crypto wallets currently affected. It is mentioned that the list may “change” while the investigation is in progress, but significant changes are not expected.
“If your wallet address is on this hit list, please transfer your funds immediately using the exported private key,” it says.
However, members of the crypto community have warned victims on the list to be wary of scammers who may pretend to offer assistance in the matter.
“Scammers are smart. If your addy is on this list, or if you've used Coin Stats and posted about it, scammers can contact you to “help” you. Don't trust anyone,” wrote the fictitious anonymous crypto analyst Pipman.
Rise in crypto companies experiencing security breaches
It comes after several crypto platforms have experienced security issues in recent times.
Crypto data aggregator CoinGecko recently confirmed a data breach suffered by third-party email management platform GetResponse.
On June 5, CoinGecko confirmed that a data breach allowed attackers to export the contact information of more than 1.9 million CoinGecko users.
RELATED: Rain Exchange $14.1M worth lost in confirmed exploit 2 weeks ago
On June 12, Crystal Intelligence revealed that the crypto industry has experienced 785 hacks and exploits in the past 13 years.
In the 13 years since June 19, 2011, approximately $19 billion in digital assets have been stolen.
Cointelegraph reached out to Coinstats for comment, but did not receive a response in time for publication.
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