Decentralized payment network Gnosis Pay alerted users on Wednesday about a data breach at Fractal ID, the customer verification service it has used since at least 2019, according to a customer service email seen by The Block. Gnosis is likely not the only Web3 company affected.  

“At 7:30 PM CET, Monday, 15th July 2024, our Know Your Customer (KYC) service provider Fractal ID made the Gnosis Pay team aware that it had suffered a data breach on Sunday 14th July 2024,” the Gnosis Pay team wrote. 

Gnosis Pay CEO Julian Leitloff confirmed reports of the exploit to The Block. “A single operator account got breached and as a result, we noticed suspicious activity on Sunday morning. We immediately stopped access and could identify the cause which was later verified with …