Article Summary

**CoinGlass Cryptocurrency Analytics Platform Suffers Major Cyberattack, Website Temporarily Offline** Leading cryptocurrency analytics platform CoinGlass experienced a significant security breach on Friday, forcing the popular crypto data provider offline temporarily. The cyberattack disrupted access to critical market intelligence for thousands of Bitcoin and altcoin traders who rely on CoinGlass for real-time liquidation data, futures market analysis, and blockchain metrics. This latest incident highlights growing cybersecurity threats facing the cryptocurrency industry, as hackers increasingly target DeFi platforms, exchanges, and analytics services. CoinGlass serves as a crucial infrastructure provider for crypto traders monitoring derivatives markets, offering insights into Bitcoin futures positions, Ethereum trading volumes, and cross-exchange liquidation events. The temporary shutdown affected traders' ability to access vital market data during volatile trading conditions, potentially impacting investment decisions across major cryptocurrency exchanges. While CoinGlass has not disclosed specific details about the breach's scope or financial impact, the incident underscores the urgent need for enhanced security protocols within the broader blockchain ecosystem. The platform's restoration timeline remains unclear as security teams work to resolve the cyberattack.