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anchored·5Zzf6F…L9ZpSummary
CoinStats is an Armenian-founded cryptocurrency portfolio tracking application with approximately 1.5 million users, founded in 2017 by Narek Gevorgyan. On June 22, 2024, the platform suffered a significant security breach in which 1,590 internally-hosted wallets were compromised and approximately $2.2 million in cryptocurrency was stolen, with attribution pointing to North Korea's Lazarus Group. The platform has since rebuilt its infrastructure and restored operations, but no confirmed compensation program for affected users has been publicly documented.
Connected Entities
1 entitiesTimeline(10 events)
2017
CoinStats founded in Yerevan, Armenia by Narek Gevorgyan as a personal crypto portfolio tracking tool.
2021
CoinStats reports 1.2 million monthly active users and sixfold revenue growth; raises $3.2 million in early funding.
22 June 2024
Security breach detected at approximately 18:00 UTC. Attackers gain access to AWS infrastructure and HashiCorp Vault via a socially engineered employee. 1,590 internal wallets compromised. Malicious push notification sent to iOS users directing them to a drainer site. Platform taken offline.
22 June 2024
Blurr.eth's wallet drained of 3,657 MKR tokens (~$8.7M). Hacker liquidates MKR on-chain, causing a 7% MKR price drop.
22 June 2024
CoinStats publicly discloses breach via X (Twitter) and urges users with internally-created wallets to transfer funds immediately.
24 June 2024
CoinStats partially restores platform operations with enhanced security measures.
25 June 2024
On-chain analysts observe approximately 211 ETH (~$1M) transferred from attacker wallets to Tornado Cash mixer.
3 July 2024
CoinStats announces full platform restoration; all functionalities operational.
12 July 2024
CoinStats publishes formal security incident report attributing attack to Lazarus Group or a related nation-state actor. Reports $2.2M in total losses across 1,590 wallets. Announces victim registration form with August 15 deadline for compensation eligibility consideration.
15 August 2024
Deadline for affected users to submit information to CoinStats for potential future compensation consideration.
Decision Log
- hash: 5NMqca22rKwbGwU25Y2XecsXRpiQVdnqBDKRhAMvCFVh
This investigation is cryptographically anchored to the Solana blockchain (1 event). 12 of 17 cited source URLs have an Internet Archive snapshot.
model: claude-sonnet-4-6
generated: 5/4/2026, 2:54:31 AM
last updated: 8/30/2026, 5:14:07 AM
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