CoinStats warns users to move funds from wallets created on the platform after security incident.

CoinStats, a popular app that helps users create wallets and track their cryptocurrency portfolios across various chains, warned users who used the app to create wallets to move their funds after a “security incident” affecting the platform. I did.

The platform also noted on Saturday that an iOS notification notifying some users that they had won a prize was actually a scam due to the same security incident. Some Android users reported receiving a notification in a thread discussing the incident on Reddit.

“We are currently experiencing a security incident affecting wallets created directly within CoinStats. This does not affect externally linked wallets,” the platform said in a statement to X. “He urged.

CoinStats appears to have taken its platform offline while it investigates the security incident. There’s a placeholder on the homepage mentioning the security incident and promising to release a detailed follow-up investigation “as soon as possible.”

According to Reddit user Duneswinton, before the platform went offline, the app displayed advertisements for fake websites attempting to trick users into installing a configuration program on iOS, which would give attackers access to affected devices. It’s highly likely. It is currently unclear how many users or funds were affected by the security incident.

This is a developing story.

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