Over 100,000 Crypto Users Exposed in Binance and Gemini Data Breaches
A major data breach involving Binance and Gemini has raised alarms in the crypto community, with over 100,000 users potentially exposed.
Sensitive information, including personal details such as names, contact information, and locations, has surfaced on the dark web, sparking concerns about the growing cyber risks in the sector.
This leak, attributed to a dark web user under the alias AKM69, contains data from primarily U.S.-based users of Gemini, as well as some individuals from the U.K. and Singapore. The exposed records are believed to be ripe for malicious use, such as fraud, marketing scams, and identity theft.
Although it’s still uncertain whether the breach occurred directly within Gemini’s systems or was the result of phishing campaigns, the leak highlights significant vulnerabilities.
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In a similar case, a separate breach targeting Binance surfaced just a day before, with over 132,000 user credentials listed for sale. Experts suggest that phishing attacks, rather than a failure on Binance’s part, may have been the source of this leak.
These incidents come at a time when phishing tactics are becoming more sophisticated. Experts continue to warn crypto users to be cautious and proactive in securing their accounts. With scams on the rise, two-factor authentication and hardware wallets are increasingly seen as essential measures for protecting digital assets.
Alexander Stefanov
Reporter at CoinsPress
Alex is an experienced finance journalist and a cryptocurrency and blockchain enthusiast. With over five years of experience covering the industry, he deeply understands the complex and constantly evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His passionate approach allows him to break down complex ideas into accessible and insightful content. Follow up on his content to be up to date with the most important trends and topics - stay ahead of the curve with CoinsPress.
