Hackers gained access to email addresses and mobile phone numbers of Bitcoin platform CoinTracker users. On top of that, frustrated users deleted their CoinTracker account and asked the platform to take responsibility. Meanwhile, hackers stole over $3 billion in crypto user funds in 2022.
Hackers targeted Bitcoin platform CoinTracker
Well-known crypto portfolio management software CoinTracker suffered a potential data breach. Portfolio management software like CoinTracker solves users’ headaches by tracking public crypto assets spread across centralized and decentralized exchanges and staking pools. Also, some users find it suitable for tax filing.
Instead of decentralized finance (DeFi) protocols this time, hackers targeted a centralized platform to access the personal data of cryptocurrency users. According to the CoinTracker report, they discovered a leaked email list. However, they reported that no other personal or financial information was compromised. CoinTracker noted that there is no additional action required by users. However, users stated that they were frustrated. Additionally, they asked CoinTracker to take some responsibility.
How did the hacker get the data of CoinTracker users?
A Twitter user reported that Bitcoin platform CoinTracker confirmed via emails that the third-party service Twilio, which allowed hackers to access CoinTracker users, was compromised.
Twilio is the parent company of SendGrid, a customer communication platform for transactional and marketing email. Hackers accessed employees’ accounts. From there, it finally arrived on CoinTracker’s mailing list.
According to reports on social media platforms, in some cases, the attackers were unable to obtain any critical information other than their email list and mobile phone number.
Cryptocurrency hacks
The crypto ecosystem, which is at an early stage, has repeatedly been a favorite target of hackers. Meanwhile, on Sunday, Binance users reported some abnormal transactions. The trades have triggered concerns about whether hackers are stealing some users’ API keys through 3Commas and using these accounts to carry out trades. However, Binance denied any API compromises.
cryptocoin.comLast month, hackers stole over $400 million from the FTX exchange after filing for bankruptcy. According to a Chainalysis report, hackers carried out more than 125 attacks in 2022. In these attacks, he managed to steal over 3 billion dollars of user funds. Meanwhile, October was the biggest month for hacking activities.
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