3 million CoinMarketCap email addresses were exposed due to a platform security breach, but the price aggregator website says it wasn’t hacked so we read more about it today in our latest crypto news.
Over 3 million CoinMarketCap email addresses were revealed online and sold to hacker forums following a security breach on the platform.
According to the platform, there are currently no indications of a violation. The website, which searches the internet for data breaches, has reported that more than 3 million email addresses have been stolen from the aggregator’s website database. Have I Been Pwned analysts found that the emails used on the cryptocurrency price aggregator website were traded on a hacking forum and that the suspected leak did not contain any passwords.
New Violation: 3.1 million CoinMarketCap email addresses were traded this month. CMC has announced that there is a “correlation with our subscriber base” but has yet to identify the data source. 99% were there @haveibeenpwned https://t.co/LGaAnj1hUA
– Was I tested (@haveibeenpwned) October 22, 2021
CoinMarketCap said in a blog post today that the leak was not from the platform’s servers, but the Binance subsidiary said it had found no trace of a security breach. According to the report, the Have In Been Pwned platform said there was a correlation with its subscriber base, but that 99% of the emails listed on the site had a data breach, meaning they were discovered by hackers. The price aggregator said:
“Since the data we saw didn’t include passwords, we’re assuming it most likely came from another platform where users may have reused passwords across multiple sites. Web.”
The platform assumes that the attackers sold a list of leaked emails and compares it to other leaked information collections to verify the emails:
This is what the list of supposedly CoinMarketCap emails looks like – that’s because it’s the “cleaned up” email record from the Dark Web that appeared in full in previously leaked email sets.
Reasonable likelihood of an email violation at #CoinMarketCap. If either of you signed up for CMC, you may want to check whether your email was part of the violation: https://t.co/HuAyLUBf2S https://t.co/2xens3JZHf
– Coin Department (guy.eth) (@coinbureau) October 23, 2021
Binance was hacked in 2019 and hackers accessed vital information like two-factor authentication data and API keys and stole 7000 BTC due to rampant attacks on bio-blockchains like Binance Smart Chain. PancakeHunny decentralized financial protocol was mined for $ 1.9 million after attackers used instant loans and manipulated the prices of liquidity pools.
As reported, the gap between cryptanalysis providers Coinmarketcap and CoinGecko is starting to narrow due to the number of website visits each month. According to a report from outlet The Ken, CoinGecko had around 20.6 million monthly desktop and mobile visitors in October, while Coinmarketcap had 29 million. The numbers represent a 135% increase in traffic for the Singapore-based company since May, when the platform drew four times as many visitors as CoinGecko.
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