If you have an account at Crypto Derives Exchange BitMEX, it has never been easier to update your security preferences.
On Friday at 08:00 UTC, BitMEX alerted its customers via a blog and Twitter that he had accidentally revealed all the emails of his users via a carbon copy (CC). So, if you have an account at BitMEX, anyone who gets the email has some of what is needed to access your account. It also potentially opens users to targeted phishing attacks.
According to the data tweeted by the data analysis company Skew, BitMEX has about 22,000 users per day.
"We are aware that some of our users have received a general update email earlier today containing the e-mail addresses of other users," the blog says. "Our team immediately responded to contain the problem and we are taking steps to understand the magnitude of the impact."
BitMEX has now asked customers to add the BitMEX support email to their contact lists to reduce phishing emails and add 2-factor authentication (2FA). The exchange seemed to suggest that a bug was causing the incident, saying, "The mistake that caused it has been identified and corrected."
The accident adds to the woes of the stock market, which would also be being questioned by the US Commodity Futures Exchange Commission (CFTC) on whether it has allowed US traders to use its platform . BitMEX geographically prevents multiple countries from participating in its exchange, including the United States. However, some users may break the barrier using virtual private networks (VPNs).
BitMEX, one of the largest cryptographic derivatives markets, known for its leverage rates of up to 100, is present in Seychelles. Its main product, the XBT / USD pair, recorded a trading volume of $ 24.8 billion over 24 hours at press time, according to CoinGecko.
Image of Arthur Hayes, CEO of BitMEX, via the CoinDesk Archive