Cryptocurrency Q&A How much money did a hacker steal from COINEX?

How much money did a hacker steal from COINEX?

Raffaele Raffaele Sat Jun 15 2024 | 7 answers 1229
Could you please clarify for me the amount of funds that were unlawfully taken by a hacker from COINEX? I'm interested in understanding the financial impact of this security breach. Was it a significant sum, or was it relatively minor? I'm trying to assess the seriousness of this incident and its potential implications for both the exchange and its users. Thank you for your assistance in shedding light on this matter. How much money did a hacker steal from COINEX?

7 answers

Enrico Enrico Mon Jun 17 2024
The theft occurred due to the compromise of private keys, a crucial element in cryptocurrency security. Private keys are used to access and control digital assets, and their loss or theft can lead to significant financial losses.

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Federica Federica Mon Jun 17 2024
In response to the incident, the CoinEx team has expressed their determination to open lines of communication with affected users. Their priority is to claw back the stolen funds and minimize the impact on their customers.

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EthereumElite EthereumElite Mon Jun 17 2024
The exchange has also stated that it will compensate affected users for any lost funds. This commitment demonstrates the exchange's commitment to its customers and its dedication to maintaining trust within the cryptocurrency community.

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Maria Maria Mon Jun 17 2024
The Hong Kong-based cryptocurrency exchange, CoinEx, has announced a significant security breach. The exchange revealed that hackers had successfully stolen over $70 million worth of tokens.

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SsamziegangSerenade SsamziegangSerenade Mon Jun 17 2024
BTCC, a UK-based cryptocurrency exchange, offers a range of services that cater to the needs of crypto enthusiasts. Among its offerings are spot trading, futures trading, and a secure wallet service.

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