CoinStats says $2.2 million worth of crypto was stolen in June hack by ‘sophisticated attacker’ | Headlines | News | CoinMarketCap

07/13/2024 22:53
CoinStats says $2.2 million worth of crypto was stolen in June hack by ‘sophisticated attacker’ | Headlines | News | CoinMarketCap

CoinStats, a popular cryptocurrency-tracking app, has revealed additional details surrounding its June security incident.  According to the …

CoinStats, a popular cryptocurrency-tracking app, has revealed additional details surrounding its June security incident. 

According to the company, a "...sophisticated (and we believe nation-state affiliated) attacker managed to access private keys of exactly 1590 CoinStats Wallets, resulting in the theft of approximately $2.2 million worth of cryptocurrency," CoinStats wrote in a recent incident report. The company believes the infamous Lazarus Group, or another similarly nation-state supported hacking group, is responsible for the attack. 

The attacker managed to compromise several services related to CoinStats' storage of the private keys of user-created wallets "...through a combination of unauthorized intrusions across multiple services – including outside of CoinStats," …

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