Breach Intelligence Report 25 Jul 2022

One Crypto Site, ShoppingBitcoins: 2,521 Plaintext Passwords Leaked

HEROIC
HEROIC Threat Intelligence Team
Email Address Passwords
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Records Exposed 2,521
Source Type Database
Origin Darkweb
Password Type plaintext

HEROIC analysts identified a data breach tied to ShoppingBitcoins, a US-based cryptocurrency shopping platform, dated September 28, 2015. The breach exposed 2,521 records, each containing an email address and a password. Notably, the passwords were stored and exposed in plaintext, meaning they were never hashed or encrypted.


Why Plaintext Passwords on a Cryptocurrency Site Are Especially Risky

On most platforms, a breached password still has to be cracked before it becomes useful to an attacker. That extra step does not exist here. Because ShoppingBitcoins stored these 2,521 passwords in plaintext, anyone who has this data can read each password exactly as the user typed it, with no cracking required. On a cryptocurrency-related site specifically, that raises the stakes, since accounts tied to crypto activity are often reused with other financial or wallet-related logins.


What Was Exposed

  • Email addresses
  • Passwords, stored and exposed in plaintext

Why This Matters

Because these passwords required no cracking, they are immediately usable in credential stuffing attacks, where criminals test known email and password pairs against other websites automatically. If any of these 2,521 people reused their ShoppingBitcoins password on an exchange, wallet, email account, or bank login, that account is directly at risk of takeover. Combined with an email address, a working plaintext password is one of the more dangerous things a breach can expose, since it removes every technical barrier between the leak and an attacker actually logging in somewhere.


How This Database Breach Happened

This incident is classified as a database breach, meaning the records were extracted directly from ShoppingBitcoins' stored user data rather than collected from individual devices. Storing passwords in plaintext is considered a serious security failure on its own, since it means that a single unauthorized access to the database instantly exposes every user's actual password, with none of the protection that proper hashing is designed to provide.


Check If You Are Affected

If you ever had an account on ShoppingBitcoins, it is worth finding out whether your email and password were part of this exposure. HEROIC's free breach scanner checks your email against more than 400 billion leaked records, giving you an instant answer so you can change any reused passwords before someone else uses them first.

Breach Breakdown

Domain N/A
Leaked Data Email Address, Passwords
Password Types plaintext
Date Leaked 25 Jul 2022
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Est. Financial Impact $18.2K fraud, phishing & misuse risk
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Identity Theft Risk Score

Risk Score: 8.7/10 - Critical

Data Exposure Analysis

Passwords Critical
Financial High
Personal Medium
Social High
Security Critical

Breach Timeline Analysis

March 2024 Multiple credentials exposed in recent data breach
January 2024 Password found in dark web marketplace
December 2023 Personal information leaked in major security incident

Security Recommendations

High Priority
Password Security

Critical: Change compromised passwords immediately and enable 2FA on all accounts

Important
Financial Protection

Monitor credit reports and set up fraud alerts with major credit bureaus

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