Cyber Attack On CoinEx Results In $27M Stolen, Exchange Suspends Withdrawals Temporarily

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Cryptocurrency exchange, CoinEx, has ceased withdrawals temporarily in response to a suspected cyber-attack which could have resulted in a loss of approximately $27 million, as reported by Decrypt. What Happened: On Tuesday, multiple cybersecurity firms noticed unusual activities on the platform. CoinEx confirmed that several hot wallet addresses, which are used for storing the exchange’s assets, experienced “anomalous withdrawals”. The potentially stolen assets include Ethereum (CRYPTO: ETH), Tron (TRON), and Polygon (MATIC). While the final loss amount is still being evaluated, CoinEx has re…

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