Bitcoin Marketplace Keepchange Suffers Data Breach — No Funds Stolen During the Incident – Exchanges Bitcoin News

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A Bitcoin company is the latest victim of a data breach incident in which hackers were able to access customers’ full names and email addresses. In addition, attackers sent withdrawal requests from the company’s customer accounts to addresses of the hackers.

Marketplace warns users of phishing attacks

According to the announcement, Keepchange has made it clear that attackers have stolen some of their customers’ data, including trade numbers, total trade volume and passwords in hashed form.

Although the company said it was “very unlikely” that the hackers would be able to get the password from the hash form, they recommend that users change the passwords.

However, Bitcoin company (BTC) made it clear that one of its control subsystems thwarted the hacker’s attempts to withdraw funds from the user accounts affected by the data breach. No BTC was stolen during the cybersecurity incident.

As part of a series of security measures that should be provided, Keepchange states that it has “Login Guard” enabled. After each login, a user receives an email with a link that should be opened to access the account.

The company also announced the following withdrawal announcement:

Withdrawal requests will be disabled until Thursday so we can complete our internal investigations and give users enough time to reset their passwords. From Friday you can send your withdrawal requests as usual. Deposits and shops are active and functioning in the meantime. We have taken other necessary actions in the past few hours to ensure that similar attacks cannot occur.

Recent massive data breach incidents in crypto exchanges

Keepchange also warned of phishing attacks that could affect users as their data would be compromised. In addition, the company recommends that its customers activate the 2FA (Second-Factor Password) function in order to be able to access services.

In January 2021, an Indian cryptocurrency exchange fell victim to a massive data breach incident. Hackers have reportedly stolen sensitive data from around 325,000 Buyucoin users.

The leaked data includes personal information, encrypted passwords, user wallet details, order details, bank details, PAN numbers, passport numbers and deposit histories.

What do you think of this data breach incident? Let us know in the comments below.

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