Figure Technology, a blockchain-based lending company, was reportedly hit by a knowledge breach after attackers manipulated an worker in a social engineering scheme.
The incident allowed hackers to acquire “a limited variety of files,” an organization spokesperson told TechCrunch. The company said it has begun notifying affected parties and is offering free credit monitoring services to anyone who receives a breach report.
Details in regards to the extent of the incident, including the variety of users affected or when the breach was discovered, haven’t been publicly disclosed. Cointelegraph reached out to Figure for comment but didn’t receive a response by publication time
The hacker collective ShinyHunters claimed responsibility on its dark web leak page, claiming the corporate had refused to pay a ransom. The group released about 2.5 gigabytes of knowledge that allegedly got here from Figure's systems.
ShinyHunters publishes stolen data. Source: Dominic Alvieri
Leaked character data includes names and addresses
TechCrunch reported that it reviewed samples of the leaked material, including customers' full names, home addresses, birth dates and phone numbers. This information could possibly be used for identity fraud and phishing attempts.
As Cointelegraph reported, crypto phishing attacks related to wallet hogging fell sharply in 2025, with total losses falling to $83.85 million, in keeping with Web3 security firm Scam Sniffer, an 83% decline from nearly $494 million in 2024. The variety of victims also fell to about 106,000, a 68% decline from the previous 12 months in all Ethereum virtual machine chains.
Researchers said the decline doesn't mean phishing has disappeared. Losses closely followed market activity, increasing during times of intense on-chain trading and truly fizzling out when markets cooled. The third quarter of 2025, during Ethereum's strongest rally, saw the very best losses at $31 million, with monthly totals starting from $2.04 million in December to $12.17 million in August.
Figure Technology goes public
Figure Technology went public in September last 12 months and was listed on the Nasdaq Stock Exchange. The fintech company known for its blockchain-based lending priced its initial public offering (IPO) at $25 per share, raising $787.5 million and reaching an initial valuation of around $5.3 billion to $7.6 billion.
Last month, Figure Technology launched the On-Chain Public Equity Network (OPEN), a platform on its Provenance blockchain that permits corporations to issue real stocks and allows investors to lend or pledge those stocks directly to one another without traditional brokers, custodians or exchanges.
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