CoinDesk·3 min read·hard
Crypto exchange Coinsbuy loses $8 million in coordinated two-blockchain attack
O
Oliver Knight
✦AI Summary
The crypto exchange Coinsbuy lost $8 million in a coordinated attack across the TRON and Ethereum blockchains. Despite the theft, the exchange quickly refilled the drained wallets, suggesting that private keys were not compromised.
The attacker began with a 5 USDT transaction before draining eight TRON wallets of 6.04 million of the dollar-pegged stablecoin in about an hour. On Ethereum, three wallets were simultaneously emptied of 1.89 million USDT and 77 ETH, which was swapped to ETH via 1inch through a wallet created the same day.
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