A popular specialist in the field of cryptocurrency portfolio management has unveiled a large cyber attack that influenced 1590 of the crypto portfolios of his customers.
CointStats describe themselves as a leading crypto market tracker, which offers customers visibility in more than 300 portfolios and fairs, 1000+ Defi protocols and more than 20,000 cryptocurrencies,
Users can also make CointStats portfolios that are hosted by the company, of which there are around 120,000. It is these that were influenced by the attack, instead of no portfolio customers that customers may have linked to their account.
CointStats unveiled the incident on X (formerly Twitter) and insisted on customers: “If you have exported your private key, move your money as quickly as possible.”
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Only two hours later it claimed to have limited the incident and having temporarily closed the application.
“Thanks to the immediate incident response of the Coinstats team, only 1.3% of all Wallets of CointStats were affected, a total of 1,590 portfolios. The list can change as the investigation is underway, but we expect no significant changes,” said it.
Update about the security incident
The attack is limited and we have temporarily closed the application to isolate the security incident.
1. None of the connected portfolios and Cexes was influenced.
2. Thanks to the immediate incident ring of the CointStats team, …
– Coinstats (@Coinstats) June 22, 2024
The CEO of the company, Narek Georgyan, also went to X to share his thoughts about the threat actors behind the attack.
“We also have important evidence to assume that attack was part of this group of hacks, described by the FBI report with ties with North Korea,” he said.
“Although the affected portfolio list has been public for a while, it wanted to share that the total drained amount of all portfolios is approximately $ 2 million. There are around $ 800,000, two of which are portfolios that have imported their seed sentences to wallet.”
In due course, Georgyan promised a “detailed and transparent report on the hack”.
Noord -Korean is a productive stealer of cryptocurrency, who uses it to finance its nuclear and ballistic rocket program.
An unnamed American diplomat claimed last year that the Hermit Nation earns about half of its income from foreign currencies from cyber attacks on cryptocurrency and related goals. The UN has estimated that the Kim Jong-Un regime has collected billions in this way in recent years.