Customer-facing infrastructure exploit
Days in Operation:
Blockfolio is a portfolio management application that allows no-fee trading of cryptocurrency and stocks. On February 9, 2021, the platform was hacked, causing it to send offensive and racist messages to its users.
The target of this particular attack was Blockfolio’s customer communications infrastructure. The company uses Signal to broadcast messages to its users, enabling Blockfolio to provide direct updates to customers. Additionally, Blockfolio maintains a display and news section for customer interactions.
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