Taringa, also known as “The Latin American Reddit, ” has been compromised in a massive data breach that has resulted in the leaked login credentials of almost all of its over 28 million users. The Hackers News reports: The Hacker News has been informed by LeakBase, a breach notification service, who has obtained a copy of the hacked database containing details on 28, 722, 877 accounts, which includes usernames, email addresses and hashed passwords for Taringa users. The hashed passwords use an ageing algorithm called MD5 — which has been considered outdated even before 2012 — that can easily be cracked, making Taringa users open to hackers. Wanna know how weak is MD5? LeakBase team has already cracked 93.79 percent (nearly 27 Million) of hashed passwords successfully within just a few days. The data breach reportedly occurred last month, and the company then alerted its users via a blog post: “It is likely that the attackers have made the database containing nicks, email addresses and encrypted passwords. No phone numbers and access credentials from other social networks have been compromised as well as addresses of bitcoin wallets from the Taringa program! Creators.” the post (translated) says. “At the moment there is no concrete evidence that the attackers continue to have access to the Taringa code! and our team continues to monitor unusual movements in our infrastructure.” Read more of this story at Slashdot.