CoinEx exchange suspected of being hacked as $27M worth of crypto moved By Cointelegraph
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On Sept. 12, crypto exchange CoinEx experienced abnormally large outflows to an address with no prior history, leading security experts to suspect the exchange was hacked. Blockchain security platform Cyvers Alerts has estimated the losses to be approximately $27 million.
At approximately 1:21 p.m. UTC on Sept. 12, a known CoinEx hot wallet transferred around 4,947 Ether (ETH), worth $7.9 million at the time, to account 0x8bf8cd7F001D0584F98F53a3d82eD0bA498cC3dE. The receiving account had no prior history before this transaction.
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On Sept. 12, crypto exchange CoinEx experienced abnormally large outflows to an address with no prior history, leading security experts to suspect the exchange was hacked. Blockchain security platform Cyvers Alerts has estimated the losses to be approximately $27 million.
At approximately 1:21 p.m. UTC on Sept. 12, a known CoinEx hot wallet transferred around 4,947 Ether (ETH), worth $7.9 million at the time, to account 0x8bf8cd7F001D0584F98F53a3d82eD0bA498cC3dE. The receiving account had no prior history before this transaction.
Continue Reading on Coin Telegraph
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