CoinEx Suffers Security Breach
Crypto news reporter Colin Wu revealed that the exchange’s hot wallets for Ethereum, Tron, and Polygon had lost over $27.8 million.
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Subsequent data from SlowMist indicated that the cumulative value of pilfered assets from CoinEx climbed to $54 million.
The exchange has since suspended deposits and withdrawals and pledged to fully reimburse its users for their losses.
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