Recently, reports have emerged about user data leaks on several cryptocurrency and blockchain platforms. Renowned on-chain detective Zack XBT announced on his personal channel that he will offer a $5,000 reward to the first person who recovers user data from platforms such as Kyto Apps, Wall Chain, Galaxy, Layer 3, Cookie, and Zet. The targeted data includes usernames, user IDs, on-chain addresses, and points.
These platforms provide various blockchain applications and community integration services that enable users to participate in online activities and earn rewards. The leakage of users’ identification and tracking data poses a serious threat to their security and privacy, potentially leading to misuse of personal information and damaging the platforms’ reputations.
This initiative by the on-chain detective is viewed as an effort to promote data protection and transparency within the crypto community. Although blockchain technology is founded on transparency and security, safeguarding users’ personal information remains a challenge. Reward campaigns like this can help identify security vulnerabilities and facilitate their remediation.
While the full extent and impact of the data leak are still unclear, the incident highlights the urgent need to enhance security measures on crypto platforms to maintain user trust. Such proactive steps are expected to reduce future data leak risks and ensure better protection of user information.
Source: binance
