CoinStats, a cryptocurrency portfolio management company, announced the suspension of all operations while threats of compromise of user wallets are eliminated.

The CoinStats team did not disclose the extent of the security breach or the financial impact of the exploit, but promised to provide information on the progress of the work. According to available data, 1,590 crypto wallets were affected by the attack, which is approximately 1.3% of all CoinStats wallets.

The company said it was trying to mitigate the impact of the hacker attack and that user services would be temporarily disabled to isolate the incident. The CoinStats administration recommended that users of the attacked crypto wallets urgently transfer their funds to other accounts using the exported private key.

The company assured that only wallets created on the CoinStats platform were affected, and none of the third-party crypto wallets and centralized exchange accounts connected to CoinStats wallets were compromised. Currently, the official CoinStats website is temporarily unavailable.

Earlier it became known that the decentralized finance protocol UwU Lend was hacked again. The amount of damage amounted to $3.72 in various cryptocurrencies, experts at SlowMist report.