CoinStats Scandal! Million Dollar Hack: Is Your Crypto Wallet Safe(?)
Million dollar crypto hack shook the market! Popular cryptocurrency tracking platform CoinStats was cyber-attacked. Attackers stole millions of dollars of cryptocurrency by accessing some users' wallets.
How serious is the situation?
* MKR tokens worth $8.7 million were stolen from the wallet of DeFi developer Blurr.eth.
* This hack caused an instant 7% drop in MKR price.
* Attackers influenced the market by quickly exchanging stolen MKRs.
Was only CoinStats affected?
No! Recently, crypto platforms have been attacked one after another:
* CoinGecko suffered a data leak on June 23 that exposed the information of 23,000 users.
* Gala Games, on the other hand, faced a 23 million dollar hack in May.
So is your crypto wallet safe?
These events make us question the security of crypto investors. To keep your wallet safe:
* Use strong passwords.
* Enable two-factor authentication.
* Do not click on suspicious links and do not allow unknown applications.
Remember: Cryptocurrency investments always carry risks. Before investing, do detailed research and choose reliable platforms.