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Cryptocurrency exchange Coinsquare says customer information was stolen by hackers

3:41 pm, November 27, 2022

On Saturday, November 26, the Canadian exchange Coinsquare sent an email to its customers informing them of a «data incident» in which «an unauthorized third party gained access to a customer database containing personal information.»

The exchange team clarified that the attackers gained access to «customer names, email addresses, residential addresses, phone numbers, dates of birth, device IDs, public wallet addresses, transaction histories, and account balances.» «Passwords were not disclosed. We have no evidence that the attacker viewed this information.»

Last week, Coinsquare suspended operations on its platform after discovering the vulnerability, which sparked speculation about possible liquidity problems in light of the collapse of the multi-billion dollar FTX crypto exchange in early November.

Full service on the Coinsquare platform was restored on Friday, November 25. «We reiterate that 100% of customer funds are safely stored in cold storage and are not used for commercial activities,» the exchange said after the resumption of operations.

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