Crypto exchange CoinEx reportedly hacked for nearly $28 million

2023-9-13 20:16

CoinEx hot wallets for Ethereum, TRON and Polygon saw huge outflows. Security platforms pointed to a possible hack, with nearly $28 million stolen.

Cryptocurrency exchange CoinEx has reportedly been hacked, with assets worth nearly $28 million stolen.

According to the latest details of the incident, the crypto exchange’s hot wallets for Ethereum, TRIN and Polygon had been compromised and drained of more than $27.8 million.

CoinEX halts deposits and withdrawals

At the time of going to press, the CoinEX team has suspended withdrawals and deposits, referring to a wallet maintenance. The exchange appears to have acted after an alert from Web3 security firm Cyvers Alert, which highlighted its AI system’s spotting of the breach and wallet drain.

Blockchain security platform PeckShield also noted the huge flows from CoinEx’ hot wallets.

Hi @coinexcom, suspicious outflow of large funds from #coinex hot wallets. https://t.co/C1kCcdnIRQ

— PeckShield Inc. (@peckshield) September 12, 2023

According to on-chain data, stolen funds amounted to about $18.12 million in ETH, $8.5 million in TRX and $291k in MATIC. Cyvers put the possible causes of the hack to either “access control violations, private key leakage or rug pulling.” The platform also mentioned a possible insider job.

🚨Red Code🚨Our AI-powered model detected suspicious transactions related to @coinexcom 2 hours ago

The potentially stolen funds amount to $18.12M #Eth $8.5M #Tron and $291K in #Polygon

Possible causes: access control violations, private key leakage, rug pulling, insider job https://t.co/Wzw84azM9M pic.twitter.com/2bqHmE18Sr

— 🚨 Cyvers Alerts 🚨 (@CyversAlerts) September 12, 2023

The hack on CoinEX comes as the crypto sector navigates a market lull that has most coins way off their last bull cycle peak. But more notably, it highlights the continuing risks and challenges facing the crypto industry as it trends towards mainstream adoption.

As reported earlier today, experts see the growing institutionalization of crypto via ongoing backing from the likes of BlackRock as critical to its maturity.

The post Crypto exchange CoinEx reportedly hacked for nearly $28 million appeared first on CoinJournal.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

CoinEx Token (CET) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0 - H: $0.031691
Капитализация $0 Rank 99999
Цена в час новости $ 0.0099661 (-100%)

million nearly coinex reportedly stolen exchange hacked

Источник: coinjournal.net

million nearly → Результатов: 126


Фото:

ARK: Bitcoin Price to Hit $1 Million, Ether to Reach $20T Market Cap by 2030

ARK Invest has predicted via its Big Ideas 2022 Annual Research Report, that the increasing adoption and uses cases of bitcoin (BTC), ether (ETH), and other cryptoassets could push the industry’s equity market capitalization to nearly $50 trillion by 2030, with the price of bitcoin (BTC) hitting $1 million. A Convergence of Innovative Techs InRead More

2022-1-28 11:00


дальше еще 77 новостей →

Партнеры Currencies.ru

Аналог Notcoin - Blum - Играй и зарабатывай Монеты



Реклама на Currencies.ru

Самое свежее на Currencies.ru

Crypto exchange BingX hacked for $43 million

BingX was hacked early Friday, Sept. 20, with $43 million in cryptocurrencies stolen from the exchange’s hot wallet. Hacker stole ETH, BNB, USDT and over 300 other coins and tokens. On-chain data shows the attacker quickly swapped most of the assets for Ethereum and BNB.

Ronin suffers $9.8 million exploit, pauses bridge

Ronin Network pauses bridge after $9. 8 million exploit. Initital updates suggest it may be a white hat hacker. Ronin, the blockchain network for games and which powers the Axie Infinity game, has announced that its pausing its bridge.

WOOFi confirms $8.75 million exploit on its Arbitrum market

WOOFi has released a post-mortem report confirming an $8. 75 million exploit on its lending market on Arbitrum. The decentralized exchange has offered a 10% whitehat bounty to the attacker. Decentralized exchange WOOFi suffered an $8.

Sky Mavis co-founder’s wallets hit in $9.7M ETH exploit

Jeffrey Zirlin said the hack compromised two of his personal wallets. The breach reportedly did not impact Ronin chain’s validation or operational aspects. Jeffrey Zirlin, co-founder of Sky Mavis, has confirmed that a hacker has compromised two of his personal wallets.

DEX protocol KyberSwap hacked for $47 million

Decentralized exchange (DEX) protocol KyberSwap has been hacked for $47 million. The attacker drained $20 million in WETH, $4 million ARB and $7 million wstETH.   KNC price fell to $0. 72 while TVL plunged to $13.