According to media reports, Bitcoin exchange Gemini is facing a data breach that has compromised approximately 5.7 million emails. The exchange has not yet commented on the matter.
Data breach on giant Bitcoin exchange
The alleged breach occurred on or just before December 13 in one of the exchange’s databases. According to reports, hackers gained access to 5,701,649 lines of information on customers’ account numbers, email addresses, and partial phone numbers. However, sources report that the breached database does not contain sensitive details such as names, social security numbers, addresses or other KYC details. Also, the number of compromised clients is likely to be lower than the total leaked line of information.
In summary, the leaked database did not contain sensitive personal information such as names, addresses and other Know Your Customer information. Also, some emails were repeated in the document. Therefore, the number of affected customers is probably lower than the total row of information. Gemini currently has 13 million active users.
Security breaches in the Web3 industry, although mild in nature, can have serious consequences. One such event took place in April this year. Security vulnerabilities of crypto hardware wallet manufacturer Trezor have been revealed. Hackers infiltrated a third-party newsletter provider, gaining access to the email addresses of Trezor users. Then it targeted users in a phishing scam, resulting in losses.
Trezor’s data breach puts the security of cold wallets into question
The cryptocurrency hardware wallet provider came up with a hack that captured user information. In April, several Twitter users warned Trezor users about an email phishing attack.
In the ongoing attack, several Trezor users were contacted by unauthorized actors posing as the company. Their main aim was to steal funds by deceiving unwary investors. As part of the attack, users received an email that an app was downloaded from the domain “trezor.us”, which is different from the official domain of Trezor, “trezor.io”.
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