Cybersecurity is once again under threat as user data from Gemini and Binance appears on the dark web.
Claims on the Dark Web
Users under the aliases 'AKM69' and 'kiki88888' are reportedly selling over 100,000 records of Gemini and Binance users on the dark web. The data includes user emails and passwords.
Binance's Response
Binance denies that there was any data leak from their platform, stating the data was collected by compromising user devices. They clarified the breaches occurred through infected browser sessions.
Consequences for Users
The alleged sale of user information could lead to increased cyberattacks targeting individuals and corporations involved with these exchanges. Such incidents underline vulnerabilities in user data protection and prompt exchanges to reconsider their cybersecurity measures.
This incident highlights the ongoing threats in the crypto space and the necessity for exchanges to reassess their data protection strategies amid rising cybercrime risks.
