Some Blockfolio users received shocking messages from the app on Tuesday in what has at present been confirmed equally a breach of the platform'south bespeak feed.

The hackers responsible for the breach sent racist and offensive messages, threatening them to withdraw their funds or hazard losing their deposits.

Responding to the matter, Blockfolio released a tweet apologizing for the incident while assuring users of the safety of their funds.

According to Blockfolio, the breach just affected the signal submitter protocols and not the actual trading environment.

The platform also promised to credit all trading characteristic-enabled users with $ten as well equally others who sign upwards inside the calendar week.

FTX CEO Sam Bankman-Fried also responded to the incident via his Twitter account stating that the company will perform a security review of Blockfolio's not-trading protocols. As previously reported by Cointelegraph, FTX acquired Blockfolio for $150 1000000 back in August 2020. According to Bankman-Fried:

"No members of the Blockfolio team wanted this to happen. Just we are all responsible for our product and volition be doing what we can to fix this. I'll also be donating to the ACLU today, every bit will a number of other staff members."

The Blockfolio hack is yet another example of how non-deposit resources on crypto platforms are also being targeted past malicious hackers. Crypto exchanges and hardware wallet makers have seen breaches exposing sensitive user data in recent months.

Indeed, with the Ledger data alienation, some affected users even received threats of physical harm subsequently their telephone numbers and home addresses were leaked online.