BREAKING: Crypto Exchange CoinEX Reportedly Hit By Massive Hack, Losses Exceed $27 Million

2023-9-12 19:09

In a concerning development, popular crypto exchange CoinEx is believed to have fallen victim to a suspected hack, resulting in significant losses from its Ethereum (ETH), TRON (TRX), and Polygon (MATIC) hot wallets. The incident, which unfolded on Tuesday, has sparked an ongoing investigation into the security breach.

Alarming Depletion Of CoinEx ETH Reserves

According to reports by Colin Wu, a prominent cryptocurrency journalist, CoinEx reportedly lost a staggering 4,946 ETH and 354,762 TRX as part of the ongoing drain from the exchange’s wallets.

The total value of the funds lost surpasses $27.8 million, adding to the growing list of high-profile cryptocurrency exchange breaches. In his latest update, Colin Wu stated:

CoinEX is moving the affected hot wallet assets to the cold wallet address 0xf54…7E5d. CoinEX wallets currently hold $97.83 million in assets, of which $89 million are stored in the cold wallet address 0xf54…7E5d, mainly ETH worth $51.7 million and USDT $18.23 million.

What’s more, In a concerning revelation, Julio Moreno, the Head of Research at CryptoQuant, has shed light on the peculiar behavior surrounding CoinEx’s Ethereum reserves.

The exchange has experienced a staggering depletion of its ETH holdings, with almost 5,000 ETH mysteriously vanishing within a single hour and a total loss of approximately 40,000 ETH since May. As a result, CoinEx’s ETH reserves now stand at virtually zero.

CoinEx, however, has remained silent on the matter, refraining from issuing an official statement regarding the suspected hack.

The depletion of CoinEx’s ETH reserves indicates a potentially grave situation, as it suggests a significant outflow of funds from the exchange. Such a rapid decline in ETH holdings may have severe implications for CoinEx’s liquidity and ability to meet customer withdrawal demands.

CoinEx’s stakeholders and the wider cryptocurrency community will closely watch how the exchange responds to these developments. Complemented by transparent communication, swift and decisive action will be vital in navigating this challenging situation and working towards a resolution.

Featured image from iStock, chart from TradingView.com

Similar to Notcoin - TapSwap on Solana 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%)

losses hack crypto exchange coinex ethereum resulting

170 +

Источник: newsbtc.com

losses hack → Результатов: 107

IOTA (MIOTA) Founder to Compensate Hack Losses to Community From His Own Pocket

After the recent attack on IOTA?s Trinity Wallet, David Sonstebo says he will spend a significant portion of his crypto compensating the losses to the victims of the hack

2020-3-7 13:50
losses hack iota sonstebo says portion compensating

168 +

Mt. Gox Victims Could Soon See 88% of Losses Returned

Fortress Investment Group, a Mt. Gox creditor, has increased its offer to victims of the infamous Bitcoin exchange hack. In its newest offer to victims, Fortress offered $1300 per bitcoin or an estimated 88% of account value at the time of the hack.

2020-2-20 21:41	Mt Gox
victims hack fortress bitcoin offer gox per

199 +

Nano Lawsuit Update: Angry Investor Reacts to Motion to Dismiss

James Fabian, the chief plaintiff in the securities class action suit against the Nano crypto company, has asked a judge to strike against each point of dismissal that Nano supplied last fall. Nano Dismisses Claims in 10-Point List Fabian, who faced losses after the hack and closing of the BitGrail exchange, believes Nano did not have sufficient excuses to claim lack of responsibility for the loss of coins.

2020-1-16 19:00
nano fabian against closing losses hack dismisses

266 +

Hashpower Broker NiceHash Can’t Promise to Fully Reimburse Hack Losses

Hashpower rental marketplace NiceHash has frozen its repayment program for users affected by a major hack in Dec. 2017 due to insufficient cash flow

2019-12-19 15:01
hashpower nicehash hack major affected users 2017

148 +

Attack of Upbit Marks Seventh Crypto Exchange Hack of This Year

Hackers are getting bolder and smarter, which isn’t good news for the cryptocurrency community. On January 15th, Cryptopia shut down as they found a “security breach,” causing them to experience massive losses.

2019-11-28 20:18	cybersecurity
january remained losses platform massive experience causing

264 +

Trezor One vs. Ledger Nano S vs. KeepKey – The Battle of Hardware Wallets

As the estimation of Bitcoin and other cryptocurrencies goes up, so does the interest for hackers to hack your wallets, so securing your cryptocurrency wallets has never been more critical. This is by no means a new problem.

2019-11-18 21:21	Wallets
hardware wallets bitcoin your trezor keepkey nano

236 +

South Korean court orders CoinOne to compensate user for hack; imposes withdrawal cap

Seoul’s Southern District Court has ruled that the South Korean cryptocurrency exchange, CoinOne, is required to compensate users who have suffered losses due to hacked accounts that violate the withdrawal limit imposed by government policies.

2019-9-28 22:00	South Korea
coinone compensate korean withdrawal south court cap

206 +

55,000 cryptocurrency users affected in Bitpoint’s $28 million hack

Embattled cryptocurrency exchange Bitpoint has revealed that roughly half of its 110,000 users were affected by last week’s $3. 02 billion yen ($28 million) hack, reports The Mainchi. Speaking at a Tokyo press conference, Bitpoint president Genki Oda noted that of the 3.

2019-7-16 15:47	hard fork
million yen bitpoint cryptocurrency billion users bitcoin

207 +

Bitcoin Exchange Hack: $32 Million Stolen from Japanese Platform Bitpoint

The Japanese bitcoin exchange Bitpoint is the latest platform to fall victim to hackers, losing $32 million in cryptocurrencies according to a report by Remixpoint Inc. , its parent company. Bitpoint joins other Japan-based exchanges, including Zaif and Coincheck to suffer losses due to cyberattacks.

2019-7-12 19:00
bitcoin bitpoint platform exchange million japanese nature

172 +

Report: Nearly $10 Million in XRP Stolen in GateHub Hack

GateHub estimates that hackers have managed to compromise around 100 XRP Ledger wallets, with reported losses of nearly $10 million

2019-6-7 23:08
xrp million gatehub nearly ledger around wallets

251 +

Cryptopia Fumbles Customers’ Stolen Crypto Recovery in Catastrophic F**kup

By CCN: Cryptopia, the cryptocurrency exchange shattered by an over $16 million hack earlier this year, is in a huge mess as a third-party server host demands $2 million to release customer data. The fall of Cryptopia In January, Cryptopia got hacked two times.

2019-5-27 14:20	Cryptopia
cryptopia million exchange ccn recovery stolen crypto

189 +

Infographic: An Overview of Compromised Bitcoin Exchange Events

The purpose of this infographic is to visualize the size of large cryptocurrency hacks that have occurred in the past as if they all happened today. The hacks included in this infographic extend beyond exchanges, as there were other large entities that experienced cryptocurrency hacks, such as marketplaces like Silk Road 2.

2019-5-25 21:56	Privacy & security
hack btc lost amount date exchange bitcoin

843 +

Cryptopia Suspends Trading, Appoints Liquidators

After a mid-January hack that lasted two weeks, New Zealand crypto exchange Cryptopia was unable to bring the business back following its significant losses. The exchange plans to suspend trading and has already appointed auditing firm Grant Thornton New Zealand to take over the liquidation process.

2019-5-16 18:26	wallets and exchanges
exchange cryptopia trading zealand new plans suspend

166 +

Binance Reveals Hack Information as Security Becomes a Public Concern

This article was originally published by 8btc and written by Vincent He. Since May 1, 2019, bitcoin’s price has been rising, reaching a top of over $6,000. As the whole cryptocurrency industry was enjoying the rise, an unexpected hack put a stop to the rise of bitcoin.

2019-5-10 18:48	Privacy & security
binance bitcoin attack exchange hacker hack bitcoins

679 +

Bitfinex Releases White Paper for LEO Token Sale

Bitfinex is forging forward despite its ongoing row with the authorities, and it's looking for investors to support its efforts. Today, May 8, 2019, iFinex, the operator and parent company of the popular cryptocurrency exchange, released a private token sale white paper, putting to rest rumors of its Initial Exchange Offering (IEO).

2019-5-8 18:33	Adoption & community
bitfinex ifinex leo tether exchange capital token

499 +

Bitfinex Reveals $1 Billion Token Sale ‘LEO’ Despite $850 Million Tether Scandal

By CCN. com: Still mired in controversy over that $850 million loss, the powers at be at Bitfinex have come up with an idea to replace the funds and it’s raising eyebrows for a bounty of reasons. Bitfinex’s solution to try to make whole those who were burned in the hack that led to the losses is to issue more tokens.

2019-5-6 11:11
bitfinex million tether 850 billion token leo

162 +

Bithumb Announces External Audit Following $180 Million Hack and Bear Market

The bear market took its toll on every part of the crypto industry from miners to traders and several companies reported losses for that period and were forced to close down or let go of staff. Even as the market seems to be making a steady recovery, the effects of the slump are still being […]

2019-4-12 00:01	News
market bear let staff period forced close

228 +

EOS Price Comes Under Pressure yet Rebound Seems Imminent

As the weekend trucks along rather nicely, it would appear there is an influx of fresh bearish and bullish momentum for specific markets. While most people would expect EOS to not sustain real losses under the current circumstances, the alleged link to Bithumb’s hack could prove to be troublesome.

2019-3-30 16:24	EOS
eos under price imminent pressure seems comes

153 +

Cryptopia Relaunches Trading with 40 Asset Pairs; Users Get ‘Haircuts’ to Manage Losses

About two months after the hack, the Cryptopia exchange managed to reopen, after absorbing losses of up to $17 million.

2019-3-20 13:50	News
losses cryptopia hack exchange managed million reopen

146 +

Cryptopia Lost Almost a Tenth of Its Assets in January Hack

New Zealand cryptocurrency exchange Cryptopia has published a series of tweets detailing the extent of the losses it suffered during an attack by hackers in January. It said: “We have calculated that worst case 9.

2019-2-28 02:40
cryptopia january cryptocurrency lost hack assets tenth

206 +

Cryptopia Finally Opens Up About Exchange's Status After January Hack

Cryptopia tweets about its possible total losses and its strategy to secure user wallets one at a time.

2019-2-28 22:13	wallets and exchanges
cryptopia secure strategy user wallets time one

106 +

Cryptopia Exchange Publishes New Figures of Crypto Lost in Hack, About to Relaunch

New Zealand-based Cryptopia exchange has made the final estimation of the losses it suffered after the recent malicious attack

2019-3-27 16:04
cryptopia new exchange estimation losses final attack

114 +

Hacked Exchange Cryptopia Discloses Estimate of Stolen Crypto

New Zealand-based cryptocurrency exchange Cryptopia has given an idea of the losses arising from a hack on its platform last month.

2019-2-27 13:30	Cryptopia
cryptopia exchange arising hack losses platform month

145 +

“Clear and Robust Strategy” Nets 0.023% Recovery of Bitfinex’s Hacked Funds (So Far)

According to an official statement published on February 25, 2019, Bitfinex has revealed that the United States government returned 27. 7 BTC (worth about $105,000 USD) to the exchange, as part of restitution for a hack that was effected on the exchange back in 2016.

2019-2-26 02:39	Privacy & security
bitfinex hack tokens rrt exchange stolen holders

326 +

US Govt Returns Stolen Bitcoin to Crypto Exchange Bitfinex From $65 Million Hack

Bitfinex cryptocurrency exchange has revealed that 27. 66270285 BTC, a portion of the stolen funds from the 2016 hack, was successfully recovered by law enforcement of the U. S. government. Recovered BTC to Reimburse Recovery Right Token Holders Following the hacking event, Bitfinex launched an investigation with the assistance of enforcement agencies internationally, to trace the 119,756 BTC that vanished from the exchange’s premises.

2019-2-26 21:40	Bitfinex
bitfinex exchange hack stolen btc token enforcement

184 +

1,675 ETH Stolen from Cryptopia in Second Attack of the Month

On January 29, 2019, Elementus reported that Cryptopia has suffered a second attack that led to the loss of 1,675 ether (ETH) tokens after suffering a similar attack on January 14, 2019. On January 15, 2019, New Zealand-based crypto exchange Cryptopia suspended activities after suffering a hack that led to significant losses.

2019-1-31 13:00	security
january cryptopia attack 2019 hack 675 led

210 +

Phishing Scam Hits LocalBitcoins, Clients Lose Funds

On January 26, 2019, clients of peer-to-peer bitcoin trading service LocalBitcoins were the targets of a phishing scam which resulted in the theft of a handful of bitcoins.

2019-1-31 18:40	Privacy & security
localbitcoins vulnerability able exchange scam platform users

204 +

BitGrail Owner Found Personally Liable For Losses In Exchange Hack

Investors have finally received some good news nearly a year after the hack came to light.

2019-1-31 00:21	wallets and exchanges
hack nearly good year light came received

134 +

Cryptopia Hack Update: Approx. $16 Million in Ethereum (ETH) and ERC20 Tokens Stolen

January 15th this year marked the first time a crypto exchange had been hacked in 2019. The exchange that was affected was the New Zealand based Cryptopia. The exchange has since been on maintenance as the team at Cryptopia continues to assess the damage and losses made during the hack.

2019-1-23 16:06	New Zealand
cryptopia ethereum exchange hack stolen million eth

207 +

NZ Police Investigate Crypto Exchange Cryptopia Hack

New Zealand police are investigating the hack of cryptocurrency exchange Cryptopia, which resulted in “significant losses” that some estimate could amount to more than US$3.5 million. Christchurch company Cryptopia, which has been said to be operating New Zealand’s largest cryptocurrench exchange, shut down its website and exchange services on January 14 citing a security […] The post NZ Police Investigate Crypto Exchange Cryptopia Hack appeared first on Coinjournal.

2019-1-17 22:15	New Zealand
exchange cryptopia hack police new investigate zealand

174 +

Cryptocurrency Exchange Cryptopia Hacked, Reports Significant Losses

Cryptopia, a New Zealand-base cryptocurrency exchange, has suspended all services and gone offline after reporting a major hack that resulted in significant losses, the company announced in a tweet on January 15, 2019.

2019-1-16 06:00	security
cryptocurrency cryptopia major security significant exchange losses

207 +

[UPDATED] Cryptopia Goes Offline After Hack Causes Major Losses

The exchange involved in launching New Zealand’s dollar-pegged cryptocurrency has reported a security breach, suspending trading services until further notice.

2019-1-17 22:10	wallets and exchanges
reported security cryptocurrency zealand dollar-pegged breach suspending

182 +

Cryptopia Goes Offline After Hack Causes Major Losses

The exchange involved in launching New Zealand’s dollar-pegged cryptocurrency has reported a security breach, suspending trading services until further notice.

2019-1-16 22:10	wallets and exchanges
reported security cryptocurrency dollar-pegged breach suspending further

139 +

New Zealand Exchange Cryptopia Hacked

With 2019 being heralded in as the year of the cryptocurrency market, news of the first hack of the year is coming in. A cryptocurrency exchange called Cryptopia announced that they were victims of a ‘security breach’ in which they booked ‘significant losses’.

2019-1-15 20:00
cryptopia exchange hacked cryptocurrency new year zealand

174 +

Cryptopia Notifies Its Users of Security Breach With Substantial Losses

Cryptopia, a cryptocurrency exchange based in New Zealand recently announced that it had been hacked and suffered significant losses. The exact details of the hack and how much the exchange has lost remain vague at this point with just a few tweets from the exchange providing a small amount of information.

2019-1-15 16:04	security
cryptopia exchange losses cryptocurrency substantial notifies security

184 +

Cryptopia Confirms Hack yet Total Financial Losses Remain Unclear

The cryptocurrency industry is subject to a lot of attention by criminals and hackers. This has caused many problems in the past, yet also affects present proceedings. The latest victim in this regard is Cryptopia, one of the more prominent altcoin exchanges.

2019-1-15 15:35
cryptopia yet unclear total hack confirms financial

138 +

NZ Exchange Cryptopia Reports Hack With 'Significant Losses'

New Zealand digital assets exchange Cryptopia has suspended services after reportedly detecting a major hack

2019-1-15 15:11	ethereum
hack cryptopia exchange services suspended detecting major

163 +

Long-serving cryptocurrency exchange forced offline, hackers blamed

One of the internet’s longest serving digital asset exchanges, Cryptopia, claims to have been hit by a debilitating hack. After a full day of unscheduled maintenance outages, the NZ-based cryptocurrency exchange posted an official statement, explaining it had suffered “a security breach which resulted in significant losses.

2019-1-15 14:02	hard fork
cryptopia exchange outages cryptocurrency twitter pic crime

158 +

New Zealand Exchange Cryptopia Hacked

New Zealand exchange Cryptopia has suffered a hack and reports "significant losses", becoming the first exchange to be hacked in 2019. The post New Zealand Exchange Cryptopia Hacked appeared first on Invest In Blockchain.

2019-1-15 12:51	hack
exchange new cryptopia hacked zealand 2019 blockchain

161 +

New Zealand Crypto Exchange Cryptopia Goes Offline Citing Hack

New Zealand-based cryptocurrency exchange Cryptopia has gone offline claiming "significant" losses arising from a hack.

2019-1-15 12:45	Cryptopia
offline new cryptopia hack exchange claiming significant

123 +

Prosecutors Seek 10-Year Jail Sentence for Karpeles Over Mt. Gox Embezzlement

Former Mt. Gox CEO Mark Karpeles has run into trouble in the Japanese legal system, and prosecutors are pursuing a 10-year jail sentence for alleged embezzlement during his tenure at Mt.

2018-12-13 21:15	Law & justice
karpeles gox bitcoin alleged yen company japanese

241 +

MapleChange was hacked, the team tries to return funds

On October 28, a small Bitcoin exchange MapleChange, based in Alberta, Canada, has gone offline. Before their Twitter page went offline, the exchange announced that it had sustained a hack. The exchange’s team reported that they can not compensate for the losses, so they close the platform and all its accounts in social networks. Users […]

2018-10-29 19:10	website
exchange maplechange offline team compensate sustained hack

152 +

BTC/USD Price Analysis: Volumes Surge as Bitcoin Drop Below $6,500

Latest Bitcoin News Unfortunately, traders who had their Bitcoins and other digital assets at a small Canadian Exchange, MapleChangeEx, are now counting losses following a hack on Sunday. The exchange said “some people” were able to exploit a bug and withdrawing all the exchange’s—including customers—funds.

2018-10-29 16:13
exchange bitcoin 500 btc below volumes surge

224 +

Cryptocurrency Exchange Coincheck Reports Over $5 Million Loss in Q3

Coincheck, the Japanese crypto exchange that suffered a $520 million hack in January, has reported increased losses for Q3 2018.

2018-10-29 12:10
million coincheck exchange january hack reported losses

116 +

Blockchain Releases Hardware Wallet Co-Developed With Ledger

Google Ventures-backed Blockchain is debuting a hardware wallet that integrates with its software services, a press release shared with Bitcoin Magazine details. In a partnership with hardware wallet manufacturer Ledger, the cryptocurrency software company has developed what it calls “a custom hardware device.

2018-10-26 19:38	Privacy & security
blockchain wallet software bitcoin hardware ledger users

432 +

North Korean Hacking Group Lazarus Behind $571M in Hacks Since January 2017

North Korean cybercrime hacking group The Lazarus Group is currently the biggest crypto hacking syndicate in the world, having stolen millions worth of cryptocurrencies from online exchanges.

2018-10-20 00:22	Privacy & security
attacks group phishing korean exchanges lazarus report

342 +

Crypto Cybercrime Has Tripled Since 2017; Nearly $1 Billion Lost in 2018

Most digital exchanges are unregulated and therefore unqualified to safely process cryptocurrency transactions. They don’t employ necessary know-your-customer (KYC) tactics, and roughly $1 billion in digital asset funds have been stolen since the start of 2018.

2018-10-13 23:34	Privacy & security
exchanges report most million these 2018 new

328 +

51% Attack Planned for Einsteineum

The crypto industry has been repeatedly rocked by hacks and theft, undermining trust in the ecosystem. These episodes typically occur without warning, leaving investors to count their losses only after the hack occurs.

2018-10-9 22:00
attack einsteinium hack einsteineum planned oct advance

226 +

Zaif Cryptocurrency Heist Victims are Still Waiting for their Money Back

Zaif's operator Tech Bureau has yet to reveal a schedule for compensating client's for losses incurred due to the recent hack attack.

2018-10-8 16:59	News
zaif client compensating reveal losses schedule yet

129 +

дальше еще 58 новостей →

Партнеры Currencies.ru

Analogue Notcoin - TapSwap

Реклама на Currencies.ru

Самое свежее на Currencies.ru

US court orders freezing of 279 crypto accounts tied to North Korea

A US district court in Columbia has ordered the seizure of 279 crypto accounts linked to North Korean operatives. According to a May 10 report, Justice Timothy Kelly has ruled that the accounts be frozen and handed over to the…

Balancer confirms social engineering attack caused front end issues

The decentralized finance protocol Balancer suffered an exploit attack for nearly $900,000 in just a few days after a critical vulnerability was discovered. The Balancer team said a DNS attack was the source of an issue on its interface that…

2023-9-12 19:09

losses hack → Результатов: 107

2020-3-7 13:50

2020-2-20 21:41

2020-1-16 19:00

2019-12-19 15:01

2019-11-28 20:18

2019-11-18 21:21

2019-9-28 22:00

2019-7-16 15:47

2019-7-12 19:00

2019-6-7 23:08

2019-5-27 14:20

2019-5-25 21:56

2019-5-16 18:26

2019-5-10 18:48

2019-5-8 18:33

2019-5-6 11:11

2019-4-12 00:01

2019-3-30 16:24

2019-3-20 13:50

2019-2-28 02:40

2019-2-28 22:13

2019-3-27 16:04

2019-2-27 13:30

2019-2-26 02:39

2019-2-26 21:40

2019-1-31 13:00

2019-1-31 18:40

2019-1-31 00:21

2019-1-23 16:06

2019-1-17 22:15

2019-1-16 06:00

2019-1-17 22:10

2019-1-16 22:10

2019-1-15 20:00

2019-1-15 16:04

2019-1-15 15:35

2019-1-15 15:11

2019-1-15 14:02

2019-1-15 12:51

2019-1-15 12:45

2018-12-13 21:15

2018-10-29 19:10

2018-10-29 16:13

2018-10-29 12:10

2018-10-26 19:38

2018-10-20 00:22

2018-10-13 23:34

2018-10-9 22:00

2018-10-8 16:59

Партнеры Currencies.ru

Реклама на Currencies.ru

Самое свежее на Currencies.ru

Add news: propose for publication, Submit ICO