A major crypto price tracking website, CoinMarketCaphas, has reportedly fallen victim to a hack that leaked 3.1 million user email addresses. The information came into light after the hacked email addresses were found to be traded and sold online on various hacking forums and revealed by Have I Been Pwned, a website dedicated to tracking hacks and compromised online accounts. CoinMarketCap is a subsidiary of the Binance cryptocurrency exchange.
CoinMarketCap confirmed that the list of leaked user accounts matched its userbase.
The website confirmed that the list of leaked user accounts matched its userbase: “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, we have found a correlation with our subscriber base.” While confirming the leak of 3.1 million user email addresses on Oct. 12, the company has assured that the hackers did not gain access to any of the account passwords.
The exact cause of the hack is not known yet.
We have not found any evidence of a data leak from our own servers — we are actively investigating this issue and will update our subscribers as soon as we have any new information,” CoinMarketCap spokesperson said. Despite the confirmation, the website is yet to identify the exact cause of the hack. In another hack, 6,000 user accounts of Coinbase were compromised. The attack was a result of exploiting the exchange’s multi-factor authentication (MFA) system, which suggests that the hackers had access to the user’s email addresses. According to Coinbase, the attackers identified a vulnerability in the account recovery process.