Compromised Wallets and Phishing Scam
CoinStats, a popular cryptocurrency tracker, has been hit by a security breach. User wallets have been compromised, and scam notifications have been sent to mobile devices.
Affected Users
CoinStats has confirmed that an unknown number of user-created wallets within the app have been compromised. The company urges all users who created wallets on their platform to transfer their crypto holdings immediately.
Phishing Scam
The breach involved a phishing scam. iOS users received notifications congratulating them on winning 14.2 ETH. Clicking the notification led to a malicious website that could steal private keys and drain wallets.
External Wallets and CEXs
CoinStats claims that the breach only affected internal wallets created within their app. External wallets and those stored on centralized exchanges (CEXs) are said to be secure. However, some users have reported unauthorized transactions in their external wallets.
Transparency Concerns
CoinStats has been criticized for a lack of transparency. The full extent of the damage, including the number of compromised wallets and the amount of stolen cryptocurrency, remains unknown. The company has promised a detailed report but has not provided a timeframe for its release.
Cybersecurity Threats
The CoinStats breach highlights the evolving cybersecurity threats in the cryptocurrency space. Malicious actors are targeting user funds as the industry grows.
