ME News reports that on August 10 (UTC+8), according to Specter monitoring, wallets associated with Coinsbuy were compromised on Ethereum and TRON, resulting in the theft of over $7.9 million. The attacker subsequently laundered the funds into XMR via exchanges. Coinsbuy stated that, with support from ChangeNOW, it has successfully frozen stolen funds amounting to a six-figure sum. Following the incident, Coinsbuy temporarily suspended deposit and withdrawal services, which have now been restored. Coinsbuy is a cryptocurrency processing platform primarily serving business users such as enterprises, merchants, and exchanges. (Source: BlockBeats)
Coinsbuy Suffers Hack, Over $7.9 Million Stolen in Ethereum and TRON
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Summary
Ethereum news emerged as Coinsbuy confirmed a major exchange hack on August 10 (UTC+8), during which a linked wallet lost over $7.9 million in Ethereum and TRON assets. The attacker transferred the funds to XMR via an exchange. With assistance from ChangeNOW, Coinsbuy froze a six-figure portion of the stolen assets. Deposit and withdrawal services were temporarily suspended but have since been restored. The company serves enterprise, merchant, and exchange clients.
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