Hackers Steal $53 Million Worth of Cryptocurrency From CoinEx

Global cryptocurrency exchange CoinEX announced that someone hacked its hot wallets and stole large amounts of digital assets that were used to support the platform's operations. BleepingComputer reports: The incident occurred on September 12 and preliminary results of the investigation show that the unauthorized transactions involved Ethereum ($ETH), Tron ($TRON), and Polygon ($MATIC) cryptocurrency. CoinEx has not provided any info about the financial impact incurred, as the investigation has yet to determine the complete losses. However, a report from blockchain security firm PeckShield says that the attack drained CoinEx of about $19 million in $ETH, $11 million in $TRON, $6.4 million in Smart Chain Coin ($BSC), $6 million in Bitcoin (BTC), and approximately $295,000 in (MATIC). According to PeckShield, the loss from this attack amounts to about $43 million, while the remaining $72 million kept on the same stash has been transferred to better-protected cold wallets. A more recent estimation on the CoinEx losses coming from CertiK Alert raises the figure to $53 million, analyzed as seen in this document. User assets have not been impacted by the incident, CoinEx said, and assuring that any parties suffering loss will receive full compensation. At the time of writing, all deposit and withdrawal services on CoinEx have been suspended to protect user assets and will only resume after the exchange's IT team makes sure that all risk has been eliminated.

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