CoinStats warns users to move funds from wallets created on platform following security incident

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Security,Coinstats,Crypto Hack

The hackers reportedly attempted to trick users into installing malicious software on their mobile devices through a scam notification.

CoinStats, a popular app that helps users create a wallet and track their crypto portfolios across different chains, has warned users who used the app to create a wallet to migrate their funds following a "security incident" affecting the platform.

"We are currently experiencing a security incident affecting wallets created directly within CoinStats; this does not impact externally connected wallets," the platform announced on X, before urging users, "If you have your private key exported, move your funds ASAP."

 

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