Notable crypto and blockchain analytics firm Nansen announced on social media platform X that one of its third-party vendors experienced a security breach that affected 6.8% of its users.
According to Nansen, the intrusion provided hackers administrative access to an account used to “provision customer access” to its platform.
Without explicitly identifying the affected company, it was stated that the affected vendor is “an established company that many Fortune 500 companies use” and other companies in the industry for data management.
According to reports, the afflicted users had their email addresses and some password hashes exposed, while a small number compromised their blockchain addresses.
Nansen stated that it has identified and notified all affected users while requesting that they alter their passwords. It also clarified that the event did not affect wallet funds.
Nansen is a prominent resource in the cryptocurrency industry that provides on-chain analytics for many of the industry’s leading players.
Alex Svanevik, CEO of Nansen, stated in a recent interview that he believes a protocol will exist in the future that strikes a balance between blockchain transparency and user privacy and is compliant with regulators.
In May, the company and many others felt the effects of the ongoing bear market and laid off roughly 30 percent of its personnel.
