Crypto User Data From 20 Exchanges Sold On Dark Web For $10,000

Over 18 million records of cryptocurrency users are being sold on the dark web, sourced from more than 20 exchanges. The data, which includes sensitive information such as names, emails, and phone numbers, is available for $10,000, raising significant concerns about identity theft and other cybercrimes.

This alarming leak highlights the ongoing security risks in the cryptocurrency space. The data reportedly includes records from prominent platforms such as Binance, Crypto.com, coinbase, Robinhood, Kraken, Gemini, and CoinMarketCap. Binance has clarified that there has been no data leak from its systems, attributing the issue to a known hacker who collects data by compromising browser sessions on infected computers.

The sale of this extensive user data underscores the urgent need for heightened security measures within the industry. Investors are advised to enable two-factor authentication, use unique passwords, and remain vigilant against unsolicited communications that may attempt to harvest credentials. The continuous exposure of crypto users’ personal data stresses the importance of robust authentication practices and cybersecurity training to mitigate risks and protect sensitive information.

This is not the first time such warnings have surfaced. Previous reports have indicated that user databases from platforms like Ledger, Gemini, and Robinhood have also been listed for sale on the dark web. The sale of crypto investor leads tied to Robinhood accounts across various regions further emphasizes the need for enhanced security protocols.

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In response to these incidents, both users and exchanges must prioritize security measures to safeguard personal data. The cryptocurrency sector faces significant vulnerabilities, and it is crucial for all stakeholders to take proactive steps to address these threats. By implementing robust security practices, the industry can better protect users from the risks associated with data breaches and cybercrimes.