Gemini: crypto exchange hit by major data leak

The year 2022 is slowly but surely turning into a true year of misfortune for cryptocurrencies and their owners. Once again, there have been negative headlines about digital currencies. This time, the focus is on the provider Gemini. On the exchange for cryptocurrencies, it is said to have come to a comprehensive cyberattack, in which apparently the data of more than 5 million users were leaked.

Warning of phishing comes from Gemini

Again bad news for crypto fans. Anyone who calls an account with the provider Gemini his own, should definitely pay attention to dubious emails in the next few days. The operators of the popular exchange for digital currencies have warned their customers urgently about this. After all, a comprehensive data leak is said to have occurred, affecting over 5 million users. This involves extremely sensitive data. In addition to e-mail addresses, telephone numbers are also said to be affected by the leak. The collected information is already circulating in criminal forums and is being offered for sale there.

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Gemini itself stresses that the data leak is unlikely to have been on its own website. Instead, there is talk that the attack apparently took place on the site of a third party. How exactly is still unclear. Users whose data is affected by the leak can now take a deep breath. After all, they have gotten off lightly so far. This becomes clear when you take a look at the millions in damages that were incurred, for example, in the summer of this year during a crypto theft on the Solana exchange. If you’re a Gemini user and want to find out if you were affected by the leak, you should check your email at https://haveibeenpwned.com/.

A hefty 16,000 euros for a database

In the dark corners of the World Wide Web, of course, people have been rubbing their hands at the exciting data. So the database was probably offered for 30 Bitcoins. That corresponds (as of December 21, 2022) to just under 16,000 euros. It is questionable whether there are already people who have bought the database at this steep price. Since Gemini has already made the incident public and warned its customers, this is probably rather unlikely. Furthermore, the provider emphasizes that no user has to worry about his wallet. The cryptocurrency is secure. However, Gemini also advises to activate the two-factor authentication to ensure more security.