• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Cybersecurity Under Threat: Fallout from Credential Leak Affecting Crypto Users

user avatar

by Giorgi Kostiuk

4 hours ago


On June 19, one of the largest security breaches occurred, affecting over 16 billion user credentials, including major technology providers and cryptocurrency services.

Key Facts about the Data Leak

The data breach was reportedly due to infostealer malware that collects user credentials without their knowledge. Among the affected companies are Apple, Google, Facebook, and Snapchat. Representatives of the affected companies stated that there were no systemic breaches of security.

Threat to Crypto Users and Recommendations

The data leak creates serious risks for users who utilize these services for authentication on crypto exchanges. Security researcher Anonymous commented that 'the importance of enabling multi-factor authentication (MFA), using unique passwords, and remaining vigilant for phishing attempts cannot be overstated.' Users are strongly advised to enable multi-factor authentication and change their passwords.

Market and Cybersecurity Experts' Reaction

Despite the severity of the incident, no significant market reactions or official comments from top crypto figures have emerged. Security experts emphasize the necessity of vigilance and proper security practices to prevent further issues.

The credential leak highlights the importance of security in using online services, particularly for cryptocurrency users. Taking adequate security measures will help protect users' personal and financial interests.

0

Share

Other news

Popularity of Meme Coins: Arctic Pablo Coin, TokenFi, and Popcat at Peak Interest

Meme coins such as Arctic Pablo Coin, TokenFi, and Popcat are gaining popularity due to unique mechanics and communities.

user avatarGiorgi Kostiuk

4 minutes ago

Nobitex Vulnerability: $90 Million Threat Following Source Code Breach

Hacktivist group Gonjeshke Darande exposed Nobitex's code, threatening $90 million. The exchange promises to reimburse affected users.

user avatarGiorgi Kostiuk

4 minutes ago

Cryptocurrencies for 2025: Arctic Pablo Coin, Celestia, and Terra Classic

Overview of Arctic Pablo Coin, Celestia, and Terra Classic: their updates and potential for 2025.

user avatarGiorgi Kostiuk

5 minutes ago

Major Companies Increase Investments in Cryptocurrency

Examining the rise of corporate crypto adoption and its impact on the digital assets market.

user avatarGiorgi Kostiuk

8 minutes ago

Sberbank Issues Bitcoin-Backed Bonds Targeting Qualified Investors

Sberbank has introduced the first Bitcoin-secured bonds in Russia, providing investments in Bitcoin price fluctuations and USD to RUB performance.

user avatarGiorgi Kostiuk

9 minutes ago

Trump's Crypto Policy: New Appointments and Market Prospects

Trump appoints new leaders to enhance crypto regulation, potentially attracting institutional investors.

user avatarGiorgi Kostiuk

13 minutes ago

dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.