Popular cryptocurrency portfolio tracker CoinStats is reeling from a security breach that exposed user wallets and sent scam notifications to mobile devices. The company has taken the drastic step of shutting down its platform entirely while they investigate the incident.
The breach, confirmed by CoinStats on their official social media channel, compromised a yet-to-be-determined number of user-created wallets within the app. CoinStats is urging all users who created wallets on their platform to immediately transfer their crypto holdings to minimize potential losses.
While the exact number of affected users is still under investigation, CoinStats advises all its wallet users to move their funds to a secure location as soon as possible, a spokesperson stated.
We are currently experiencing a security incident affecting wallets created directly within CoinStats; this does not impact externally connected wallets.
If you have your private key exported, move your funds ASAP.
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