The recent hack of 1,590 CoinStats crypto wallets was carried out by compromising a CoinStats employee.
“Our AWS infrastructure was hacked, with strong evidence suggesting it was done through one of our employees who was socially engineered into downloading malicious software onto his work computer.” “I empathize with those who lost money; I’m sure their situation is just as difficult. CoinStats will definitely support the victims of the hack, and we’ve been discussing options internally.”
Similar to the CoinStats hack, the security breach at CoinGecko occurred due to a compromised employee account, according to the company’s June 7 announcement:
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