A recent report claims that about 3.1 million email addresses belonging to the CoinMarketCap hack, its users have been leaked and are being traded online
Leading cryptocurrency price tracking platform CoinMarketCap (CMC) recently had email addresses of over 3 million users leaked.
According to a recent report by a website that tracks several cybersecurity threats, including hacks and compromised online accounts, about 3,117,548 email addresses of CMC users have been leaked on October 12.
Nonetheless, the leak remained unknown till the e-mail addresses have been found on a number of hacking boards the place they have been being traded.
Coinmarketcap Confirms Data Leak
The report further revealed that the passwords to these leaked email addresses weren’t compromised in the hack.
Talking on the matter, a CMC representative said:
“CoinMarketCap has grow to be aware that batches of data have proven up online purporting to be a list of user accounts. Whereas the info lists now we have seen are solely e mail addresses (no passwords), now we have discovered a correlation with our subscriber base.”
The knowledge that no passwords have been compromised by the leak brings a measure of aid to the affected users. Moreover, the absence of passwords may point out that the attack on CoinMarketCap would likely not have been for a major heist.
Nonetheless, the info leak has compromised person privateness and will give room for a number of focused assaults on prospects, including phishing.
Still a Mystery
The CoinMarketCap representative additional revealed that the data breach was not from any of the positioning’s servers, and they’re but to establish the precise reason for the hack.
“Now we have not discovered any proof of a knowledge leak from our personal servers — we’re actively investigating this situation and can replace our subscribers as quickly as now we have any new data.”
Not the First
In the meantime, data leaks are not a new phenomenon within the cryptocurrency industry. Over the past few years, a number of crypto companies, together with BitMEX, Ledger, and many more, have skilled related person data leaks, jeopardizing millions of customers.
In late 2020, hardware wallet provider Ledger found that the non-public data of a number of of its customers, including email addresses, phone numbers, postal addresses, and extra, had been leaked on various public forums.