CoinStats, a cryptocurrency portfolio manager, has halted user activity temporarily due to a security breach impacting 1,590 crypto wallets. The platform assured that only 1.3% of wallets were affected and none of the connected wallets or exchanges were harmed. Users' holdings are deemed safe as CoinStats only requests read-only access to connected wallets. Affected users were advised to move funds using their private keys. The crypto community cautioned against scammers exploiting the situation. This incident follows other security breaches in the crypto space, including CoinGecko's data breach and Crystal Intelligence's report on numerous hacks. CoinStats did not respond to requests for comment. The article highlights the importance of security in the crypto world, emphasizing the need for vigilance and caution amidst rising cyber threats. Read more AI-generated news on: https://app.chaingpt.org/news