2023-09-13 08:03:44
On Tuesday, the cryptocurrency exchange suffered a theft of $28 million in cryptocurrencies, causing its eponymous cryptocurrency to plummet.
While the cryptocurrency market is under tension due to a potential resale of cryptocurrencies held by FTX, an incident on a crypto exchange has left users in a cold sweat.
On Tuesday, cryptocurrency exchange CoinEx said it had detected “abnormal withdrawals” from several crypto addresses linked to its wallets. “Unauthorized” transactions targeted three major cryptocurrencies: ether, tron and matic. “The affected funds represent only a very small portion of CoinEx’s total assets,” noted the platform on Twitter.
In the end, $28 million in cryptocurrencies were stolen from the crypto exchange. CoinEx assures that affected users will be fully compensated.
20% shot
Founded in 2017, CoinEx is a cryptocurrency exchange platform offering more than 700 cryptocurrencies for purchase and sale to its users. The platform launched its own eponymous token in 2018. On Tuesday, in the space of 30 minutes, the coinex token lost more than 20% of its value. This Wednesday, the token still shows a drop of 10%.
At the beginning of the year, in a context of regulatory tension in the United States with regard to crypto companies, the Attorney General of New York, Letitia James, initiated proceedings against CoinEx for having ” falsely presented as a cryptocurrency platform” and not having registered as a securities broker with the New York authorities.
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