Security News > 2024 > June > CoinStats says North Korean hackers breached 1,590 crypto wallets
CoinStats suffered a massive security breach that compromised 1,590 cryptocurrency wallets, with the attack suspected to have been carried out by North Korean threat actors.
For users who want to use the portfolio management features, the platform requires read-only access to connected external crypto wallets and were not affected by the breach.
In an announcement on X yesterday, CoinStats told users they suffered a cyberattack that affected 1,590, or 1.3%, of all hosted wallets on the platform.
The company shared a list of impacted wallets on this spreadsheet, but some users reported that funds were stolen from wallets that were not on this list.
Although the investigation is ongoing, CoinStats' CEO stated on X that they hold significant evidence suggesting that North Korean hackers carried out the attack, sharing a CISA document about the North Korean Lazarus hacking group.
In late 2023, Recorded Future estimated that North Korean state-backed hackers had stolen $3 billion worth of crypto since January 2017, which equates to roughly $500,000,000/year.
News URL
Related news
- Radiant links $50 million crypto heist to North Korean hackers (source)
- North Korean hackers stole $1.3 billion worth of crypto this year (source)
- North Korean Hackers Pull Off $308M Bitcoin Heist from Crypto Firm DMM Bitcoin (source)
- FBI links North Korean hackers to $308 million crypto heist (source)
- North Korean Kimsuky Hackers Use Russian Email Addresses for Credential Theft Attacks (source)
- New fake Ledger data breach emails try to steal crypto wallets (source)
- North Korean Hackers Deploy OtterCookie Malware in Contagious Interview Campaign (source)
- Hackers Exploit Aviatrix Controller Vulnerability to Deploy Backdoors and Crypto Miners (source)
- Decentralization is happening everywhere, so why are crypto wallets “walled gardens”? (source)