Tag: CoinEx

North Korea’s Lazarus Group Suspected in $31 Million CoinEx Heist
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North Korea’s Lazarus Group Suspected in $31 Million CoinEx Heist

Since June 2023, the Lazarus Group, which has ties to North Korea, has stolen approximately $240 million in cryptocurrencies, a huge increase in its hacking activity. The famed hacker squad is allegedly suspected of stealing $31 million in digital assets from the CoinEx exchange on September 12, 2023, according to numerous reports from Certik, Elliptic, and ZachXBT. The crypto robbery intended for CoinEx is the latest in a succession of recent attacks that also cost $100 million for Atomic Wallet, $37.3 million for CoinsPaid, $60 million for Alphapo, and 41 million for Stake.com. Some of the CoinEx money that was stolen was sent to an address that the Lazarus gang had previously used to launder money from Stake.com read more North Korea's Lazarus Group Suspected in $31 Million Co...
Hackers steal $53 million worth of cryptocurrency from CoinEx
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Hackers steal $53 million worth of cryptocurrency from CoinEx

A substantial quantity of digital assets that were used to fund the platform's operations were stolen from vast amounts of hot wallets at the major cryptocurrency exchange CoinEX, according to an announcement. The issue happened on September 12 and preliminary investigation findings indicate that cryptocurrencies from Tron, Polygon, and Ethereum were used in the illicit transactions. Since the inquiry has not yet determined the full extent of the losses, CoinEx has not disclosed any information regarding the financial effect sustained. According to a report by the blockchain security company PeckShield, CoinEx lost over $19 million in ETH, $11 million in TRON, $6.4 million in Smart Chain Coin ($BSC), $6 million in Bitcoin (BTC), and roughly $295,000 in (MATIC) as a result of the ...