Popular crypto-portfolio tracking company Blockfolio appears to have been hacked.
According to reports, many Blockfolio users have received offensive push notifications from the platform, with several cryptocurrencies’ names and values being changed on the app as well.
— Alon Gal (Under the Breach) (@UnderTheBreach) February 9, 2021
According to some, the hackers managed to breach the notification system by piping into the RSS feed that Blockfolio uses. Interestingly, it wasn’t long before Blockfolio addressed the issue on Twitter, with the platform commenting,
“We are incredibly sorry about the offensive messages posted on Blockfolio today. We will be addressing this ASAP”
Reportedly, funds and trading on the app are not at risk, with only the display information compromised as a result of the said hack.
It must be noted, however, that some users have complained that withdrawal services have been halted on Blockfolio, with some unable to successfully delete their accounts on the platform, raising concerns about its reliability.
Really sorry about this — addressing it ASAP. https://t.co/2jhqzHyudZ
— SBF (@SBF_Alameda) February 9, 2021
Blockfolio was acquired by Hong Kong-based crypto-derivatives exchange FTX for $150 million last year. At press time, the motive and the individuals responsible for the hack remained unclear.
This article will be updated….
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