Cryptocurrency Exchange Confirms: User Data Breached But Assets Safe

Coinsquare, one of Canada’s largest cryptocurrency exchanges, has reported that it has been hacked and user data may have been compromised by 3rd parties.

According to Coindesk news, Coinsquare stated in an e-mail that it sent to its customers recently, that as a result of a cyber attack on the platform, some customer data, except passwords, may have been captured by 3rd parties. The exchange also underlined that, unlike user data, all customer balances are kept in cold wallets, so they are safe.

According to the stock exchange, the data seized customer names, email addresses, home addresses, phone numbers, device IDs, public wallet addresses, transaction histories and account balances contains. In addition, the exchange underlines that user passwords are not disclosed, while there is no information about whether other information has been captured by attackers. evidence not stated.

Coinsquare, 19 November entered an unscheduled maintenance process the first time it discovered the anomaly on its platform. ceased all its activities and it reminded people of the recent FTX crash. However, the exchange made a quick agreement with crypto analytics firm Nansen to provide a service where users can query the exchange’s assets.

The company later 26 November on his official social media account. in his statement, announced that its services are available again.


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