CoinStats, a crypto portfolio management platform, faced a severe security breach that affected 1,590 wallets, resulting in $2 million in losses. The attack, identified as a phishing scheme, initially targeted iOS users. Despite immediate response efforts, the breach raised concerns about the platform's security measures. CEO Narek Gevorgyan mentioned the involvement of North Korean threat actors and assured users that CoinStats is working on compensating affected users and enhancing security protocols. Users are advised to secure their funds and monitor for further updates.
Disclaimer: Please note that the information provided in this article is based on the referenced research articles. It is essential to conduct further research and analysis before making any investment decisions. The cryptocurrency market is highly volatile, and investors should exercise caution and consult with financial professionals before engaging in cryptocurrency trading or investment activities.