CoinEx Global, a cryptocurrency exchange based in Hong Kong, experienced a security breach on Tuesday, resulting in estimated losses of approximately $43 million in various cryptocurrencies. The exchange is still in the process of determining the full extent of the assets lost during the attack. Notably, on Wednesday, CoinEx disclosed the discovery of a second group of suspicious wallet addresses linked to the breach. The attack targeted cryptocurrencies like Ethereum, XRP, Solana, Kadena, and tokens such as Dagger.
Prior to CoinEx's latest announcement, blockchain security company PeckShield had estimated the losses stemming from the breach to be approximately $43 million. The initial set of addresses identified by CoinEx in connection with the security breach were involved in the theft of Ethereum, Bitcoin, and Tron from the exchange.
In response to the attack, CoinEx took swift action by suspending its deposit and withdrawal services. The exchange has also assured its users that those affected by the hack will receive full compensation for any losses incurred as a result of the security breach.
It's worth noting that cybercriminals pilfered over $3.8 billion in cryptocurrency throughout the previous year, with North Korea-linked hackers responsible for approximately $1.7 billion of that total, as reported by blockchain forensics firm Chainalysis.
