Cryptocurrency Q&A How much cryptocurrency was stolen from COINEX?

How much cryptocurrency was stolen from COINEX?

ThunderBreezeHarmony ThunderBreezeHarmony Sun Jun 16 2024 | 7 answers 1490
Could you please elaborate on the matter of the cryptocurrency theft from COINEX? I'm interested to know, how significant was the amount stolen? Was it a minor loss or did it significantly impact the exchange's operations? Also, could you provide any insights into the nature of the attack? Was it a targeted hack or a more widespread security breach? Understanding these details would help me gain a clearer picture of the incident. Thank you for your assistance. How much cryptocurrency was stolen from COINEX?

7 answers

PearlWhisper PearlWhisper Tue Jun 18 2024
Cryptocurrency exchange CoinEx recently suffered a significant theft, with an estimated $70 million worth of digital assets stolen from its platform. Despite the magnitude of the loss, the exchange maintains a reassuring posture.

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Lucia Lucia Tue Jun 18 2024
According to CoinEx, the stolen funds represent a mere fraction of its overall assets under management. This assertion suggests that the exchange has substantial financial buffers to absorb such losses.

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GeishaWhisper GeishaWhisper Tue Jun 18 2024
The exchange has pledged to fully compensate all affected users for their lost funds. This commitment demonstrates CoinEx's commitment to its customers' welfare and to maintaining trust in its platform.

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SophieJones SophieJones Tue Jun 18 2024
BTCC, a UK-based cryptocurrency exchange, offers a diverse range of services to its clients. These include spot trading, futures contracts, and secure wallet solutions.

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Daniela Daniela Mon Jun 17 2024
BTCC's spot trading service allows users to buy and sell cryptocurrencies at current market prices, providing a straightforward and convenient way to participate in the crypto market.

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