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November 9, 2021
Author: Trend Micro

CoinMarketCap Hack: 3.1 Million Users’ Data Leaked

This article is from Trend Micro.

The cryptocurrency price-tracking website, CoinMarketCap, has confirmed it was recently the victim of a large hack, which resulted in the leak of over 3.1 million email addresses (3,117,548 to be precise). Currently, the identity of the attackers is unknown. In a press release, CoinMarketCap stated:

“CoinMarketCap has become aware that batches of data have shown up online purporting to be a list of user accounts. While the data lists we have seen are only email addresses (no passwords), we have found a correlation with our subscriber base.”

While the fact that passwords were not included in the leak will be a relief to users, the hack nonetheless constitutes yet another large-scale data leak — of the sort which nowadays seem a weekly occurrence. Interestingly, CoinMarketCap has stated that the leak did not come from their own servers — which had users demanding to know where else such data was being stored.

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Several other cryptocurrencies have been the victims of similar hacks recently, among them Celsius, Ledger, and BitMEXBinance, the crypto-exchange which owns CoinMarketCap, was also targeted by an attack in 2019 which resulted in 2% of the company’s Bitcoin holdings being stolen.

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