Some Blockfolio users received shocking messages from the app on Tuesday, which have now been confirmed as disrupting the platform’s signal flow.

The hackers responsible for the break-in sent racist and abusive messages, threatening to withdraw their money or risk losing their deposits.

In response to this incident, Blockfolio posted a tweet apologizing for the incident and assuring users that their money was safe.

According to Blockfolio, the breach only affected the signal sending protocols, not the trading environment itself.

The platform also promised to donate $ 10 to all users who have business opportunities, as well as those who subscribe within a week.

FTX CEO Sam Bankman-Fried also responded to the incident via his Twitter account and said that the company will conduct a security audit for Blockfole’s non-commercial protocols. As Cointelegraph previously reported, FTX purchased Blockfolio for $ 150 million in August 2020. According to Bankman-Fried:

“None of the Blockfolio team members wanted this to happen. But we are all responsible for our product and will do our best to fix it. I would also like to donate to ACLU today, like a number of other employees.”
Blockchain hacking is another example of how non-deposit resources in cryptocurrencies have become a target for malicious hackers. Cryptocurrency exchanges and hardware wallet makers have experienced breaches revealing sensitive user data in recent months.

In fact, after the Ledger hack, some affected users received threats of physical harm after phone numbers and home addresses became known online.

Source: CoinTelegraph