Blockfolio has been hacked to display offensive content, the firm says funds are safe

Cryptocurrency • February 9, 2021, 2:30AM EST
UPDATED: February 9, 2021, 9:14AM EST
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FTX-owned crypto portfolio tracking app Blockfolio has been hacked to display offensive content.

Blockfolio said it is looking into the issue. Meanwhile, user funds are safe, and trading services are working fine, said the firm.

Blockfolio is one of the popular crypto apps with more than 6 million users. The app was acquired by crypto exchange FTX last August in a $150 million deal.  

FTX CEO Sam Bankman-Fried said the hack was on the news/signal feeds of Blockfolio, and the remaining services remain intact.

"Over the next month, I'll be leading a security review of the old, non-trading-related parts of Blockfolio to bring them in line with the standards set by trading and by FTX more generally," he said, adding:

"We're giving $10 to every [user] trading in Blockfolio, and the next ones who sign up this week."

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Yogita Khatri profile picture Yogita Khatri

Yogita Khatri is a senior reporter at The Block and the author of The Funding newsletter. As our longest-serving editorial member, Yogita has been instrumental in breaking numerous stories, exclusives and scoops. With over 3,000 articles to her name, Yogita is The Block's most-published and most-read author of all time. Before joining The Block, Yogita wrote for CoinDesk and The Economic Times. You can reach her at [email protected] or follow her latest updates on X at @Yogita_Khatri5.

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