Binance & Gemini User Data Leak on Dark Web

Major Crypto Exchange Data Breach

A significant data breach affecting users of popular cryptocurrency exchanges Binance and Gemini has surfaced on the dark web. More than 230,000 user records are allegedly being offered for sale, raising serious concerns about the security of personal information within the cryptocurrency sector.

Gemini User Data Leak

On March 27th, a dark web actor known as AKM69 listed a database purportedly containing over 100,000 Gemini user records. This data reportedly includes full names, email addresses, phone numbers, and location details, primarily from the United States, with some entries from Singapore and the United Kingdom. The seller claims the data could be used for marketing, fraud, or cryptocurrency scams.

Binance User Data Compromise

Separately, on March 26th, another dark web actor, kiki88888, offered a database allegedly containing over 132,000 Binance user records. This data reportedly includes login information, further emphasizing the extent of this security breach.

While the exact methods of data compromise remain unclear, experts suggest that phishing attacks were likely responsible for both incidents, rather than direct breaches of the exchanges' systems. This underscores the importance of user vigilance and robust security practices.

Protecting Yourself from Crypto Scams

The increasing frequency of such incidents highlights the ongoing threat to cryptocurrency users. To minimize risks, users should:

• Avoid clicking on suspicious links or opening unknown emails.
• Enable two-factor authentication (2FA) on all crypto accounts.
• Use a hardware wallet to store cryptocurrency offline.
• Regularly review account activity for any unauthorized transactions.

At Codeum, we are committed to securing the blockchain ecosystem. Our services include smart contract audits, KYC verification, custom smart contract and DApp development, tokenomics and security consultation, and partnerships with launchpads and crypto agencies to help build a more secure future for blockchain technology. These incidents highlight the critical need for robust security measures, both on the exchange and user levels.

Disclaimer: This news article aims to provide accurate and timely information. However, readers should independently verify facts and consult with a professional before making any decisions based on this content.