Article Summary

**CoinGlass Cryptocurrency Analytics Platform Suffers Major Proxy Cyberattack, Disrupting Bitcoin and DeFi Market Data Services** Leading cryptocurrency analytics platform CoinGlass experienced a sophisticated proxy attack that temporarily crippled access to critical Bitcoin, Ethereum, and DeFi market data services. The cyberattack targeted the platform's infrastructure, disrupting thousands of crypto traders and investors who rely on CoinGlass for real-time blockchain analytics, liquidation data, and cryptocurrency market insights. The security breach highlights growing cybersecurity threats facing the digital asset ecosystem, as hackers increasingly target cryptocurrency platforms and blockchain infrastructure providers. CoinGlass serves as a crucial market data hub for Bitcoin futures, altcoin derivatives, and DeFi protocol analytics, making this disruption particularly significant for institutional and retail cryptocurrency traders. While CoinGlass confirmed the proxy attack's sophistication, the platform's security team worked rapidly to restore services and strengthen defensive measures. This incident underscores the critical importance of robust cybersecurity protocols within the cryptocurrency industry, especially as Bitcoin and digital asset adoption continues expanding globally. The attack temporarily impacted market transparency during active trading sessions, potentially affecting cryptocurrency price discovery and risk management across major exchanges and DeFi platforms.