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Hackers Drain $8 Million From Crypto Exchange Across Two Blockchains

Hackers Drain $8 Million From Crypto Exchange Across Two Blockchains

In brief

  • An attacker drained $8.07 million from Coinsbuy wallets across Tron and Ethereum on August 9.
  • About $6.34 million of the stolen funds passed through FixedFloat, according to BlockWatchdog.
  • Coinsbuy later replenished the drained wallets, suggesting the private keys may not have been compromised.

An attacker drained more than $8 million from crypto platform Coinsbuy across the Tron and Ethereum networks on Sunday before moving most of the stolen funds, according to an analysis by blockchain investigator BlockWatchdog.

In a report posted on X, BlockWatchdog said the attack began on Tron with a 5 USDT test transaction. Minutes later, more than 6 million USDT was drained from eight Coinsbuy wallets. On Ethereum, another 1.89 million Source link

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