Crypto

CoinStats freezes crypto wallets following security breach

CoinStats freezes crypto wallets following security breach

The platform has said only a small number of wallets were impacted by the attack

CoinStats’ crypto portfolio manager platform was recently suspended temporarily after 1,590 wallets were affected by a security breach.

“The attack has been mitigated, and we have temporarily shut down the application to isolate the security incident,” CoinStats stated in a June 22 X post.

“Thanks to the immediate incident response from the CoinStats team, only 1.3% of all CoinStats Wallets were affected, totaling 1,590 wallets. None of the connected wallets and CEXes were impacted.”

CoinStats didn’t reveal how the breach affected customer wallets but pledged to deliver “updates as soon as they become available.” However, it stated that since its platform “asks for read-only access” to connected user wallets, their assets remain “perfectly safe under any conditions.”

Users can connect all their crypto wallets and use the platform as a crypto portfolio tracker to see all their wallets in one location.

Coinstats later published a list of all affected wallets, saying that the list “might change” as they continued their investigation but didn’t expect any major modifications. “If your wallet address is in this affected list, please move your funds immediately using your exported private key,” it said.

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