Skip to content
DefiDraft

DefiDraft

Empowering the Future of Finance: Stay Ahead with our DeFi News

Categories

  • AI
  • Altcoin
  • Bitcoin
  • Blockchain
  • Blogs
  • CHARTS
  • Crypto
  • DeFi News
  • Defipedia
  • Ehtereum
  • Guest Post
  • Metaverse
  • Mining
  • News
  • NFT
  • Press Release
  • Review
  • Sponsored Post
  • Trading
  • Wallets
  • Web3
  • DeFi News
  • Defipedia
  • Review
  • Advertise
  • Home
  • Press Release
  • CoinEx Promises 100% Compensation Amidst Recent Attack
  • Press Release

CoinEx Promises 100% Compensation Amidst Recent Attack

Immy Dorse September 14, 2023 3 min read
CoinEx Promises 100% Compensation Amidst Recent Attack

At 14:18 (UTC) on September 12, 2023, Cyvers Alerts posted a tweet regarding suspicious withdrawals on CoinEx Exchange. Crypto assets including ETH, TRON, MATIC, and more from CoinEx’s hot wallets were transferred to unknown addresses, raising suspicions of a potential hack.

The CoinEx team responded to the incident on Twitter at 17:38 the same day. According to the official statement, the exchange’s Risk Control System had detected anomalous withdrawals from several hot wallet addresses used to store CoinEx’s exchange assets. In prompt response, the team formed a special investigation team to delve into the incident and promised to offer 100% compensation for any loss due to this breach.

Official response from @CoinExGlobal

We reached out to the CoinEx team for more details about the breach. They informed us that its security team has been tracking the stolen funds and making progress. At 18:20 on September 12, CoinEx disclosed the first batch of hacker wallet addresses on Twitter and sought assistance from various blockchain organizations to freeze them.

The suspicious addresses are listed below:

$ETH:

0xce013682eddefaca8c94fe56a43a04212ebe4673
0x8bf8cd7F001D0584F98F53a3d82eD0bA498cC3dE
0xCC1AE485b617c59a7c577C02cd07078a2bcCE454
0x483D88278Cbc0C9105c4807d558E06782AEFf584

$BTC:
1BHNb9UJy4cWFB5wywZkTVgoNB4JbFmswH

$TRON:

TP75t6owoqXxskLq6FB2R37PymNTmohq9L
TPFUjxQzG88Vwynrpj2W61ZAkQ9W2QYgAQ$XRP:
rpQxVcjVF2fC23r3xKyJS53jw8d5SRhZQf

CoinEx disclosed the second batch of hacker addresses they identified at 2:41 on September 13:

$ETH:

0x2118e4432d668aCFa347ddBA0efCcc6BB04DB297
0x1A61Df134d766f1e240FBFAEe79bBeCC04195f62
0x40cBe7580168d52b7FEC884120B31115c3F7E37E

$XRP:
rpQxVcjVF2fC23r3xKyJS53jw8d5SRhZQf

$SOL:
G3udanrxk8stVe8Se2zXmJ3QwU8GSFJMn28mTfn8t1kq

$BSC:
0x6953704e753C6FD70Eb6B083313089e4FC258A20

$KDA:
k:a9f3672d7ad7a1e4592702d73b220cbc61db1fa17f89a56131d965bc03959913

$BCH:
qrgxyhj8rzl4l7fgauu6q6vtu2grct4jeyrnaq2s75

$XDAG:
15VY3MadZvLpXhjzFXwCUmtZcHszju6L9

As of now, CoinEx has disclosed three batches of hacker addresses and asked relevant project teams and exchanges to monitor and freeze the suspicious addresses.

Users are concerned, as they currently cannot withdraw funds from CoinEx. Luckily, they have been assured by the exchange that, for the sake of asset security, withdrawals will resume as soon as the hacker addresses are fully identified and isolated after “a thorough review”. The team also emphasized that user assets remain “secure and untouched”.

Unlike cold wallets, which are kept offline and therefore safer, hot wallets are more vulnerable to hacks. The past few years have witnessed numerous incidents of exchange hacks and coin theft, dealing a heavy blow to blockchain security. Finding effective ways to keep hackers at bay remains a challenge for crypto exchanges.

As of this writing, CoinEx is still assessing the losses incurred. We will continue to closely follow this situation and provide updates as soon as possible.

Immy Dorse
Immy Dorse

I’m a Cryptocurrency Author and I have been writing about Cryptocurrencies for over 2 years now. I have written many articles on the subject and have been interviewed by some of the biggest names in the industry. My work has been featured on major publications such as Forbes, CoinDesk, and more. I am passionate about Cryptocurrencies and believe that they have the potential to change the world. I am always looking to learn more about this fascinating industry and share my knowledge with others.

Post Views: 11,956

Continue Reading

Previous: Velar Dharma Mainnet Goes Live: Marks the Beginning of Bitcoin DeFi Summer

Latest Post

Recent Posts

  • SEC’s Gensler Faces House on Crypto Assets Queries
  • Binance Bids Adieu to Russia, Seals Sale with CommEX
  • Binance Returns to Belgium, Reopens Registrations and Services
  • Key Chart Signals Golden Cross, Posing Threat to Altcoins
  • Why is Cryptography Important For Cryptocurrency?

Ecosystem

SEC’s Gensler Faces House on Crypto Assets Queries SEC’s Gensler Faces House on Crypto Assets Queries
2 min read
  • Crypto
  • News

SEC’s Gensler Faces House on Crypto Assets Queries

September 28, 2023
Binance Bids Adieu to Russia, Seals Sale with CommEX Binance Bids Adieu to Russia, Seals Sale with CommEX
2 min read
  • Crypto
  • News

Binance Bids Adieu to Russia, Seals Sale with CommEX

September 27, 2023
Binance Returns to Belgium, Reopens Registrations and Services Binance Returns to Belgium, Reopens Registrations and Services
2 min read
  • Crypto
  • News

Binance Returns to Belgium, Reopens Registrations and Services

September 26, 2023
Key Chart Signals Golden Cross, Posing Threat to Altcoins Key Chart Signals Golden Cross, Posing Threat to Altcoins such as Shiba Inu (SHIB)
3 min read
  • Altcoin
  • CHARTS
  • Crypto

Key Chart Signals Golden Cross, Posing Threat to Altcoins

September 22, 2023

About

Defidraft is the ultimate source for the latest news and analysis on the world of decentralized finance.

Connect with Us

  • Twitter
  • Instagram
  • Facebook
  • LinkedIn
  • Telegram

Chat with us: @Defidraftofficial

Recent Posts

  • SEC’s Gensler Faces House on Crypto Assets Queries
  • Binance Bids Adieu to Russia, Seals Sale with CommEX
  • Binance Returns to Belgium, Reopens Registrations and Services
  • Key Chart Signals Golden Cross, Posing Threat to Altcoins

TAGS

Binance Bitcoin blockchain Cardano Crypto cryptocurrency CTO decentralized finance deFi DeFi Hack ethereum future of DeFi News Ripple SEC SHIB Shiba Inu technology UAE US

  • News
  • Press Release
  • Sponsored Post
  • Our Partners
  • Contact Us
Copyright © DefiDraft
  • bitcoinBitcoin(BTC)$26,954.002.13%
  • ethereumEthereum(ETH)$1,656.602.87%
  • tetherTether(USDT)$1.000.08%
  • binancecoinBNB(BNB)$215.091.47%
  • rippleXRP(XRP)$0.512.38%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • cardanoCardano(ADA)$0.2502812.56%
  • dogecoinDogecoin(DOGE)$0.0617261.88%
  • solanaSolana(SOL)$20.074.48%
  • polkadotPolkadot(DOT)$4.082.09%
  • matic-networkPolygon(MATIC)$0.522.71%
  • litecoinLitecoin(LTC)$65.633.31%
  • shiba-inuShiba Inu(SHIB)$0.0000071.61%
  • avalanche-2Avalanche(AVAX)$9.282.78%
  • binance-usdBUSD(BUSD)$1.000.00%
  • crypto-com-chainCronos(CRO)$0.0505340.94%
  • terra-lunaTerra Luna Classic(LUNC)$0.000063-1.13%