The prominent crypto and blockchain analytics company Nansen posted on social media platform X that one of its third-party vendors suffered a security breach that affected 6.8% of its users. 

According to Nansen, the breach gave hackers access to admin rights for an account used to “provision customer access” to its platform.

Without directly naming the company affected, it said this vendor is “an established company that is used by many Fortune 500 companies” along with other companies in the industry for the purpose of managing data. 

The users who were affected by the breach reportedly had their email addresses exposed, along with some password hashes and a small group had their blockchain addresses compromised.

Nansen said it has identified and informed those affected of the matter and asked all to change their passwords. It also clarified that wallet funds were unaffected by the event. 

Related: PayPal’s PYUSD struggles with early adoption — Nansen

Nansen is a prominent resource in the crypto space and provides on-chain analytics about many of the industry’s major players. 

In a recent interview with Cointelegraph, the CEO of Nansen, Alex Svanevik commented that he believes in the future a protocol will exist that creates a balance between blockchain transparency and user privacy and is compliant with regulators.

Back in May, the company was among the many that felt the effects of the ongoing bear market and laid off around 30% of its workforce. 

Magazine: How to protect your crypto in a volatile market: Bitcoin OGs and experts weigh in

Read More: World News | Entertainment News | Celeb News
Cointelegraph

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Deloitte on a crypto hiring spree, reveals LinkedIn job postings

According to the latest updates on LinkedIn, Big Four accounting firm Deloitte…

Coinbase will ‘happily defend’ staking in US courts, says CEO

Crypto exchange Coinbase’s executives are standing up for its crypto staking services,…

Concern over banking crisis reaches levels unseen since 2008 — Poll

Public opinion of banks appears to be dwindling according to an April…

Ex-FTX exec Salame won’t testify in alleged illegal campaign donation case

Former FTX executive Ryan Salame will reportedly avoid testifying about his role…