June 25, 2024 at 08:48AM
CoinStats, a cryptocurrency portfolio manager, was back online after hackers drained over $2 million from 1,590 hosted wallets. The platform assured that only 1.3% of CoinStats Wallets were affected. CoinStats requires read-only access to connected wallets, mitigating the risk to users’ funds. The CEO revealed the attack was likely orchestrated by North Korean hackers.
Meeting Notes Summary:
– Cryptocurrency portfolio manager CoinStats experienced a security breach in which hackers drained over $2 million from 1,590 hosted wallets.
– The hack prompted CoinStats to temporarily shut down its application and the affected wallets accounted for 1.3% of all CoinStats Wallets.
– Some impacted users received phishing messages from the CoinStats application before the hack.
– CoinStats’ CEO mentioned that North Korean hackers, particularly the Lazarus Group, were likely responsible for the attack.
– CoinStats has since resumed activity, but not all functionalities are fully active as the investigation continues.
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