Cryptocurrency portfolio management company CoinStats has suspended user activity after a security breach impacted 1,590 crypto wallets. The company confirmed the attack on June 22, stating that the situation has been mitigated and the application temporarily shut down to contain the incident. CoinStats emphasized that swift action by their team limited the breach to only 1.3% of wallets, totaling 1,590 affected wallets. Connected wallets and CEX remained unaffected.

CoinStats reassured users that their assets are completely safe, as the platform only requires read-only access to connected crypto wallets. The platform allows users to connect all wallets, providing a comprehensive crypto investment portfolio tracker with a one-stop view of all wallets. In response to the incident, CoinStats released a Google document listing affected crypto wallets, advising users to transfer funds immediately using their private key if their wallet address is on the list.

The company is actively investigating the security breach, and the list of affected wallets may change as the investigation progresses. However, significant changes are not expected. CoinStats prioritizes user security and is taking all necessary measures to ensure the incident is fully resolved.

The temporary suspension of user activity is a precautionary measure to prevent further potential security risks. CoinStats is committed to providing a safe and secure platform for users to manage their cryptocurrency portfolios. The company will likely implement additional security measures to prevent similar incidents in the future.

In conclusion, CoinStats has taken swift action to contain the security breach, prioritizing user safety and security. The company's prompt response has minimized the impact of the incident, and users can rest assured that their assets are safe. As the investigation continues, CoinStats will likely emerge stronger and more secure, reinforcing its commitment to providing a reliable cryptocurrency portfolio management platform.