According to BlockBeats, CoinStats CEO, Narek Gevorgyan, announced on June 23rd that the company is taking all necessary security measures to restore a normal environment following a recent security incident. The aim is to isolate the attackers, a process that is expected to take 24 hours. Concurrently, the team is working to have the attacker's address, which has already been flagged on Etherscan, blacklisted by CEX.
Earlier in the day, it was reported that CoinStats had been attacked, affecting 1590 cryptocurrency wallets. Users were advised to immediately transfer their funds. The CEO's announcement is a response to this incident, demonstrating the company's commitment to restoring security and normalcy for its users. The move to have the attacker's address blacklisted is a proactive measure to prevent further attacks from the same source.
The attack on CoinStats is a stark reminder of the security risks inherent in the cryptocurrency industry. It underscores the need for robust security measures and swift action in the event of a breach. CoinStats' response to the incident is an example of how companies can act to protect their users and their assets in the face of such threats.