According to BlockBeats, Gnosis Pay has been impacted by a data breach involving its customer verification service provider, Fractal ID. The breach was disclosed in an email sent to users on July 18. Gnosis Pay CEO Julian Leitloff stated that approximately 0.5% of Fractal ID's one million users were affected by the incident.
Fractal ID's official website indicates that the company provides compliance assistance to at least eight cryptocurrency protocols, including Polygon, Ripple, and Near, as well as over 250 companies. The breach has raised concerns about the security measures in place for protecting user data within the cryptocurrency industry.