CoinStats Temporarily Suspends User Activity After Security Breach

• CoinStats suspends user activity after security breach affecting 1,590 wallets.
• Only 1.3% of CoinStats wallets impacted; connected wallets and CEXes unaffected.
• Extent of impact unknown; updates promised by CoinStats.
• Platform assures user holdings are safe; asks for read-only access to wallets.
• CoinStats lists affected wallets; warns users of potential scammers.
• Rise in security breaches in crypto industry; CoinGecko and Crystal Intelligence incidents.

Summary :
Cryptocurrency portfolio manager CoinStats has temporarily suspended user activity due to a security breach that affected 1,590 crypto wallets. The company claims that only 1.3% of all CoinStats wallets were impacted and that none of the connected wallets and exchanges were affected. The extent of the impact is still unknown, but CoinStats assures users that their holdings remain safe. The platform allows users to connect and track all their wallets in one place. CoinStats has shut down its website while it resolves the security issue. CoinStats has published a list of affected wallets and advises users to move their funds immediately using their exported private key. However, users are warned to be cautious of scammers who may try to offer assistance. This incident follows a series of security breaches in the crypto industry, with several platforms experiencing similar incidents. CoinGecko recently confirmed a data breach, and Crystal Intelligence reported 785 hacks and exploits in the past 13 years. CoinStats did not respond to requests for comment.

Sources :

- CoinTelegraph