Cryptocurrency Exchange Coincheck Suffers Data Breach


Summary
- Third-party may have gained access to customer emails including the information inside them.
- Coincheck is still investigating the data breach.
- Sensitive information including addresses, birthdates, and phone numbers have been stolen.
Japanese cryptocurrency exchange Coincheck has experienced a data breach and is currently investigating the matter. The data breach occurred as an authorized third-party gained access to Coincheck’s domain registration service.
According to CoinMarketCap, the cryptocurrency exchange has facilitated $35 million in Bitcoin/JPY volume in the last 24 hours. The exchange also suffered a $500 million hack back in 2018.
Data breaches have become a hot topic in the cryptosphere following claims that Ledger and Trezor’s databases were hacked. While both companies have responded debunking the claim, data breaches are a real concern.
The Breach
According to the announcement, a third party gained access to the platform’s domain registration service and may have had access to customer emails between May 31st, and June 1st. The breach may have affected approximately 200 customers whose information may be in the hands of the unauthorized third-party.
The third-party may have access to the email addresses as well as information with the emails. This information may include sensitive information such as “Name/Registered Address/Birth Date/Phone Number/ID Selfie”.
Coincheck has also noted they will contact affected customers after they have more information.
Pausing Crypto Remittance
The exchange also mentioned that while there is no current impact on assets held on the exchange, crypto remittance services have been halted for the time being.
Although there is no impact on your assets at this time, we will stop the remittance of crypto assets in our service again, considering the progress of the investigation by the domain registration service operator. Services such as depositing/withdrawing Japanese Yen and receiving/purchasing/selling crypto assets can be used as usual.
Coincheck
Disclaimer: Content displayed on thecryptoassociate.com is not investment advice. Investors should do their own research before investing in digital assets or anything displayed on this site. The Crypto Associate does not recommend trading any sort of investment in cryptocurrencies and digital assets. The Crypto Associate is not responsible for any losses incurred due to the buying or selling of cryptocurrencies displayed on this site. All content is for informational purposes only. The Crypto Associate does not endorse, affiliate or represent any third-party links including advertisements. The Crypto Associate participates in affiliate marketing. Read the full disclaimer