Crypto attack on CoinStats: Wallets in danger

CryptoMoney portfolio manager CoinStats stated to users that the security breach has been mitigated and that there will be system updates over time.

Cryptocurrency portfolio manager CoinStats has temporarily suspended user activity following a security breach affecting 1,590 crypto wallets. “The attack has been mitigated and we have temporarily shut down the app to isolate the security incident,” CoinStats wrote in a June 22 X post.

“Thanks to the immediate response of the CoinStats team, only 1.3 percent of all CoinStats Wallets were affected, for a total of 1,590 wallets,” he added, claiming that “none of the connected wallets and CEXs were affected.”

The extent of the crypto attack is still unknown

CoinStats did not disclose the extent to which wallets were affected by the security breach, but promised that updates would be provided “as soon as they become available.” The company states on its website that users’ assets remain completely safe under all circumstances, as it requires “read-only access” to connected crypto wallets.

The platform offers users the ability to connect all their crypto wallets and use it as an overall portfolio tracker, allowing them to view all their wallets in one place. Coinstats published a Google document listing all crypto wallets currently affected. It was stated that the list “may change” as the investigation progresses, but no significant change is expected.

“If your wallet address is on this affected list, please move your funds quickly using your exported private key,” he said.

But community members warned victims on the list to be wary of scammers who may reach out pretending to offer help with the situation.

“Scammers are smart. If your plugin is on this list, or if you have used coinstats and posted about it, scammers may be trying to reach you to “help” you. Trust no one,” wrote crypto commentator PPman.