Nansen claims to have tracked down all impacted users and asked them to reset passwords.
Users’ email addresses, password hashes, and blockchain addresses were compromised.
One of Nansen’s third-party suppliers had a security incident that affected 6.8% of its users, the firm said on twitter. Nansen claims that hackers gained administrative access to an account that was used to “provision customer access” to its platform as a result of the breach.
Although the impacted organization was not named. The report did describe the vendor as an prominent firm being used by several Fortune 500 companies, among others. According to reports, the hack revealed users’ email addresses, password hashes, and in certain cases, blockchain addresses.
Funds Safe
Moreover, Nansen claims to have tracked down all impacted users and requested that they reset their passwords. It also made clear that funds in the user’s wallet were safe. Nansen is a highly regarded hub for on-chain analytics pertaining to several crypto industry heavyweights.
When asked about the future of a protocol that strikes a compromise between blockchain openness and user privacy while being compatible with authorities, Alex Svanevik, CEO of Nansen, recently expressed optimism.
In May, the firm joined the ranks of those hit hard by the prolonged bear market by cutting 30% of its personnel. Also, according to the CEO, the company’s decision was the result of diversification efforts into areas that were not important to Nansen’s strategy. The team’s aim, according to Svanevik, will be to do fewer things “extremely well.”