Cryptocurrency Q&A
What happened to COINEX?
What happened to COINEX?
KatanaSharpened
Mon Jul 15 2024
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5 answers
1130
In recent weeks, there has been a significant buzz surrounding COINEX, a well-known cryptocurrency exchange platform. Could you elaborate on what precisely transpired? Have there been any major changes in its operations, such as a security breach, a regulatory investigation, or a major technical issue? Additionally, has the exchange faced any liquidity issues, resulting in trading suspensions or withdrawal delays? Furthermore, have there been any reports of user funds being lost or compromised? Clarifying these details would greatly assist in understanding the current situation surrounding COINEX.
5 answers
ZenBalance
Wed Jul 17 2024
CoinEx further stated that the detected anomalous withdrawals were under investigation by a designated "special investigative team."
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CryptoTitan
Wed Jul 17 2024
On the afternoon of the specified UTC time, CoinEx issued a statement via Twitter acknowledging a security incident.
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Michele
Wed Jul 17 2024
In the tweet, CoinEx disclosed that their Risk Control System had flagged irregular withdrawals from certain hot wallet addresses.
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Pietro
Wed Jul 17 2024
These hot wallet addresses serve as repositories for the exchange's assets, including various cryptocurrencies.
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Federico
Tue Jul 16 2024
The exchange's swift action in appointing this team highlights their commitment to safeguarding the integrity of their platform and its users' funds.
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