User data from top crypto exchanges is for sale on the dark web...

20 Jan, 2019 | Updated: 20 Jan, 2019
by Will Heasman
User data from top crypto exchanges is for sale on the dark web...

The Darknet: a place where all kinds of nefarious deeds and dealing often go unpoliced; online marketplaces within this unrestricted zone of the internet sell anything from drugs to how-to guides and now, apparently, user data from crypto exchanges…

Within the depths of the darknet, a market dubbed "Dread" is app selling documents hacked from various exchange’s know your customer  (KYC) data.

CCN reports that a vendor by the handle ExploitDOT, apparently sells this information for $10 per 100 documents, even going as far as to offer money off for bulk buys... Bargain.

According to the vendor’s ad compromised exchanges allegedly include Bittrex, Poloniex, and Bitfinex: 

KYC information is an integral part of the user verification model of most cryptocurrency exchanges, and often includes user photographs and proof of address among other pieces of sensitive information.

An anonymous cybersecurity expert tipped off CCN after he managed to secure three sample files from the vendor as a way to verify the claims.

The sample files apparently included pictures of an individual holding up a piece of paper with the word “Binance” written on it, the date the picture was taken on, and drivers licenses/identify cards.

After reaching out to Binance, the anonymous security expert relayed that the exchange had their “theories in regards to how this information may have been obtained” but didn’t go into any further details.

Binance recently had its own dealings with hackers, when funds form the Cryptopia hack found its way to the exchange’s front door. After being notified by social media Binance immediately froze the stolen crypto.

Read more: Binance freezes stolen Cryptopia funds after Twitter warning; Use of Bitcoin for payments on the 'secretive darknet' doubled in 2018

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(33 votes)

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i do not believe that bitfinex security allowed hackers access to any kind of information. this exchange has good security level and keeps users data safe
13 Feb, 2019 - 08:44
I`ve read a lot of articles about it. It looks that we can be confident on Bitfinex
13 Feb, 2019 - 21:16
bitfinex has done so many actions for improving it's security that it is now one of the safest crypto exchanges
16 Mar, 2019 - 10:36
bitfinex is mentioned here for getting more eyeballs i guess. a lot of traders trade there everyday and do not have any problems
10 Apr, 2019 - 17:40
poloniex does not deserve to claim itself reliable. very low level of their customer support as well as one of the longest delays in withdrawals that I have ever seen
15 Feb, 2019 - 07:18
Totally fake information about Bitfinex with no facts.
15 Feb, 2019 - 23:25
bitfinex security is really strong and do not believe that some personal info could have leaked
03 Apr, 2019 - 14:28
security of poloniex is now legendary as it is being one of the worst on the market. i can not personally imagine an exchange that has such a low level of the customer service as well
20 Feb, 2019 - 19:43
Thats sad news. Because you don't know what to trust. I was on Poloniex
26 Feb, 2019 - 10:14
level of service at poloniex has always been very bad. however I hoped that they would not at least have problems with security. but now they appeared
27 Feb, 2019 - 10:49
Poloniex makes a point of never caring about its defenses - its users should take note and prolly abandon this strange place
04 Apr, 2019 - 16:46
unfortunately this is true. poloniex doesn't care about security and its users as well
17 Apr, 2019 - 08:27

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