Coinsbuy Hit by Reported $7.9M Ethereum, TRON Drain

Coinsbuy confirms hack as investigator reports $7.9M stolen

Coinsbuy confirmed unauthorized withdrawals from several wallets after an investigator reported $7.9 million stolen, with the platform covering client losses and offering a $100,000 reward.

Crypto hackers drained $8 million from Coinsbuy using a clever cross-chain trick

Onchain forensics tie a single actor to an $8 million coordinated drain across TRON and Ethereum, with most funds routed through FixedFloat and the attack vector still unknown.

Coinsbuy hit by reported $7.9M Ethereum, TRON drain

Coinsbuy linked wallets reportedly lost over $7.9M across Ethereum and TRON as attackers moved funds through exchanges toward Monero.

Coinsbuy Hit by $8M Crypto Attack Across TRON and Ethereum

Crypto exchange Coinsbuy suffered losses exceeding $8 million after attackers exploited its accounts across the TRON and Ethereum blockchains on August 9, according to on-chain transaction records and an investigation into the incident. The attack began with a small transfer of 5 USDT before rapidly escalating. Within about an hour, the attacker drained approximately $6.04 million in stablecoins from eight wallets on the TRON network. The operat…

Coinsbuy Hit With $8 Million Loss in Coordinated Cross-Blockchain Attack

Coinsbuy suffered an $8 million crypto theft across TRON and Ethereum, but says customer funds remain safe.

Hackers Drain $8 Million From Coinsbuy Across Two Blockchains

Crypto payment processor Coinsbuy was drained of roughly $8 million in a security breach that spanned two separate blockchains, according to on-chain monitoring that first flagged the incident. The Coinsbuy hack marks another attack on a centralized crypto platform, though key details remain unconfirmed by the company. The alert originated from blockchain security account BlockWatchdog, which reported the theft and its cross-chain scope in a pos…