CoinStats, a cryptocurrency portfolio manager, has temporarily halted user activity after a security breach that affected 1,590 crypto wallets. The company stated that the attack has been addressed, but the application has been shut down temporarily to isolate the incident. CoinStats assured users that only 1.3% of all CoinStats Wallets were impacted, and none of the connected wallets and exchanges were affected. The extent of the impact is still unknown, but CoinStats promised to provide updates as soon as they are available.
CoinStats is known for providing users with a comprehensive view of their crypto wallets through its portfolio tracking feature. By connecting all their wallets, users can monitor their holdings in one place. However, due to the security issue, the CoinStats website has been shut down while the problem is being resolved.
A Google document listing the affected crypto wallets has been published by CoinStats, with the disclaimer that the list may change as the investigation progresses. Users whose wallet addresses are on the list were advised to move their funds immediately using their exported private key. However, caution was urged as scammers may attempt to take advantage of the situation by offering fake assistance.
This security breach is one of several incidents that have occurred in the crypto industry recently. CoinGecko, a crypto data aggregator, recently experienced a data breach that exposed the contact information of over 1.9 million users. Crystal Intelligence also revealed that there have been 785 reported hacks and exploits in the crypto industry in the past 13 years, resulting in the theft of nearly $19 billion worth of digital assets.
Cointelegraph reached out to CoinStats for comment but did not receive a response in time for publication.