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.