Hotbit exchange announced a possible leak of user data

On April 29 at 23:00 Moscow time, the Hotbit cryptocurrency exchange underwent a cyberattack , as a result of which attackers allegedly gained access to the data of almost 2 million users. Client funds are safe, platform representatives said.

“Under the threat of leakage are phone numbers, email addresses and data about the assets of users. The 2FA password and key are encrypted, so in theory should be safe. However, we still recommend changing the password immediately, ”the exchange said in a statement.

The internal control and risk management system prevented the hacking of exchange wallets, but the hackers managed to delete the user database.

“Although the database is usually backed up, we are still not sure if the data was stolen prior to the attack,” Hotbit added.

The security service has disabled all services to check and restore data if necessary. The Hotbit team intends to rebuild all 200 used servers.

Technical work will take from 7 to 14 days.

After resuming operations, the exchange will cancel open orders to avoid unintentional trading losses for users and pay daily charges, including for investment products and Filecoin cloud computing power.

Hotbit also assumes responsibility for leveraged ETF product losses incurred by position holders during the maintenance period.

Recall that on the night of April 28, the Uranium Finance cryptocurrency project was attacked. The preliminary damage is estimated at $ 50 million .

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