Coinsbuy hacked, over $7.9 million in assets stolen.
1 hours ago
According to monitoring by Specter, wallets linked to crypto processing platform Coinsbuy were hacked on Ethereum and TRON, leading to the theft of over $7.9 million. The attackers subsequently laundered the stolen funds into Monero (XMR) via cryptocurrency exchanges. Coinsbuy stated that with support from ChangeNOW, it has successfully frozen six-figure amounts of the misappropriated funds. Following the incident, Coinsbuy temporarily suspended its deposit and withdrawal services, which have now been restored. Coinsbuy is a crypto processing platform primarily serving business users such as enterprises, merchants, and exchanges.
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