ChainBleedv0.1 · open intel
← back to feed·INFRASTRUCTURE2024-06-22 · 1y ago
Incident · SLOWMIST

CoinStats

Malware Attack
Estimated loss
$2.00M
VERDICT —OUT OF SCOPE
Root cause is infrastructure (DNS / cloud / database / third-party API) compromise, not on-chain contract logic. Pre-deployment source review would not surface this; coverage lives in cloud-security + supply-chain audit, separate discipline.
▰ METHOD
INFRASTRUCTURE
INFRASTRUCTURE
Root cause

Root-cause analysis not yet published. The incident description below contains all currently available signal — review the attack transaction directly for definitive forensics.

Forensic narrative

Cryptocurrency portfolio management company CoinStats temporarily suspended user activities after 1,590 crypto wallets were affected by a security incident. CoinStats stated, "The attack has been mitigated, and we have temporarily shut down the application to isolate the security incident. None of the connected wallets and CEXes were impacted. Thanks to the immediate incident reponse from the CoinStats team, only 1.3% of all CoinStats Wallets were affected, totaling 1,590 wallets. The list might change as the investigation is ongoing but we don’t expect significant changes." On June 26, Narek Gevorgyan released a security incident update, stating that the security vulnerability was due to the company's AWS infrastructure being hacked. Evidence indicates that it was done through one of employees who was socially engineered into downloading malicious software onto his work computer. Attack method (per SlowMist): Malware Attack. Reported loss: $ 2,000,000.

Primary source
https://x.com/CoinStats/status/1804633869372559788
Sourced from
slowmist
Technical record
chain
protocol
CoinStats
bug_class
infrastructure
date_occurred
2024-06-22
loss_usd
$2,000,000
source_id
sm:coinstats::2024-06-22
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