{"id":551134,"date":"2023-09-13T16:00:25","date_gmt":"2023-09-13T16:00:25","guid":{"rendered":"https:\/\/uniquehot.com\/?p=551134"},"modified":"2024-06-11T13:06:12","modified_gmt":"2024-06-11T13:06:12","slug":"crypto-coinex-hack","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/crypto-coinex-hack\/","title":{"rendered":"By The Numbers: How Much Crypto Has Been Lost In The CoinEx Hack So Far"},"content":{"rendered":"

On Tuesday, September 12, centralized crypto exchange CoinEx became the latest victim of a hack. At the time of the reports, over $27 million in crypto had already been carted away by the attackers. However, almost 24 hours later, the reports rolling in suggest that the exchange may have lost double the amounts that were originally reported.<\/p>\n

CoinEx Crypto Losses Rise To $55.5 Million<\/h2>\n

The initial reports<\/a> for the CoinEx hack showed that the attackers were able to move around $27.8 million from the exchange. But as investigators dig further into the attack, the losses have come up to around $55.5 million in crypto lost so far.<\/p>\n

Related Reading: Tron\u2019s Justin Sun Mulls Over Making A Move On FTX\u2019s Crypto Stash, Here\u2019s Why<\/a><\/div>\n

According to a breakdown posted<\/a> by Wu Blockchain, a platform run by Chinese reported Colin Wu, the losses extended into lesser-known tokens as well. The majority of the losses were from assets such as Ethereum<\/a>, Bitcoin<\/a>, and XRP<\/a>, with assets on the BSC<\/a>, Polygon<\/a>, and Kadena<\/a> blockchain also running into the millions.<\/p>\n

The ETH amount drained alone came out to over $18 million, as shown in the breakdown, while over $11 million was stolen in Tron\u2019s TRX token. Other notable transactions include $6 million in XRP, over $6.2 million in BNB, $5.9 million in Bitcoin (BTC), $2.5 million in Solana\u2019s SOL, $1.7 million in Dagger\u2019s XDAG, and $1.12 million in Kadena\u2019s KDA. There was also a little over $440,000 stolen in Bitcoin Cash\u2019s BCH.<\/p>\n

\"CoinEx<\/p>\n

Over $55.5 million confirmed stolen so far | Source: CoinEx Hacker Balance Sheet<\/a><\/pre>\n
At the time of writing, a total of $55,567,468 has been confirmed stolen from the hacking incident from the exchange. The crypto stolen from the crypto exchange<\/a> was sent to 19 wallet addresses spanning 12 blockchains.<\/p>\n
Hack Continues To Unravel<\/h2>\n
In the aftermath of what has been the largest centralized crypto exchange hack in 2023, CoinEx has promised<\/a> to compensate all of its affected users in full. The statement which came a couple of hours after the incident was identified told users:<\/p>\n
\n
You have our solemn promise that a detailed timeline and comprehensive report about this incident will be shared with the community as swiftly as possible.<\/p>\n<\/blockquote>\n
Related Reading: Why The NASDAQ\u2019s Latest Move Is Important For Fund Managers Filing Ethereum ETFs<\/a><\/div>\n
For now, users are unable to transact on the crypto exchange as deposits and withdrawals remain unavailable. However, the exchange said in its statement that this was only a temporary measure and that these activities \u201cwill resume after a thorough review.\u201d<\/p>\n
Over the day, the exchange has also taken to posting the wallet addresses it has identified to be linked to the attack. This is being done in an effort to raise awareness about their activities. \u201cWe urge affected projects and fellow industry colleagues to assist in flagging and freezing these questionable addresses,\u201d CoinEx said in an X post<\/a>.<\/p>\n
\"Crypto<\/p>\n
Market recovers in the wake of exchange hack | Source: Crypto Total Market Cap on Tradingview.com<\/a><\/pre>\n
Featured image from Money Times, chart from Tradingview.com<\/div>\n","protected":false},"excerpt":{"rendered":"
On Tuesday, September 12, centralized crypto exchange CoinEx became the latest victim of a hack. At the time of the reports, over $27 million in crypto had already been carted away by the attackers. However, almost 24 hours later, the reports rolling in suggest that the exchange may have lost double the amounts that were originally reported. CoinEx Crypto Losses Rise To $55.5 Million The initial reports for the CoinEx hack showed that the attackers were able to move around $27.8 million from the exchange. But as investigators dig further into the attack, the losses have come up to around $55.5 million in crypto lost so far. Related Reading: Tron\u2019s Justin Sun Mulls Over Making A Move On FTX\u2019s Crypto Stash, Here\u2019s Why According to a breakdown posted by Wu Blockchain, a platform run by Chinese reported Colin Wu, the losses extended into lesser-known tokens as well. The majority of the losses were from assets such as Ethereum, Bitcoin, and XRP, with assets on the BSC, Polygon, and Kadena blockchain also running into the millions. The ETH amount drained alone came out to over $18 million, as shown in the breakdown, while over $11 million was stolen in Tron\u2019s TRX token. Other notable transactions include $6 million in XRP, over $6.2 million in BNB, $5.9 million in Bitcoin (BTC), $2.5 million in Solana\u2019s SOL, $1.7 million in Dagger\u2019s XDAG, and $1.12 million in Kadena\u2019s KDA. There was also a little over $440,000 stolen in Bitcoin Cash\u2019s BCH. Over $55.5 million confirmed stolen so far | Source: CoinEx Hacker Balance Sheet At the time of writing, a total of $55,567,468 has been confirmed stolen from the hacking incident from the exchange. The crypto stolen from the crypto exchange was sent to 19 wallet addresses spanning 12 blockchains. Hack Continues To Unravel In the aftermath of what has been the largest centralized crypto exchange hack in 2023, CoinEx has promised to compensate all of its affected users in full. The statement which came a couple of hours after the incident was identified told users: You have our solemn promise that a detailed timeline and comprehensive report about this incident will be shared with the community as swiftly as possible. Related Reading: Why The NASDAQ\u2019s Latest Move Is Important For Fund Managers Filing Ethereum ETFs For now, users are unable to transact on the crypto exchange as deposits and withdrawals remain unavailable. However, the exchange said in its statement that this was only a temporary measure and that these activities \u201cwill resume after a thorough review.\u201d Over the day, the exchange has also taken to posting the wallet addresses it has identified to be linked to the attack. This is being done in an effort to raise awareness about their activities. \u201cWe urge affected projects and fellow industry colleagues to assist in flagging and freezing these questionable addresses,\u201d CoinEx said in an X post. Market recovers in the wake of exchange hack | Source: Crypto Total Market Cap on Tradingview.com Featured image from Money Times, chart from Tradingview.com<\/p>\n","protected":false},"author":594,"featured_media":551141,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[83386,3],"tags":[15285,89376,89375,89377,89378,6664,12029,14690],"class_list":["post-551134","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto","category-news","tag-coinex","tag-coinex-crypto-exchange","tag-coinex-exchange","tag-coinex-hack","tag-coinex-news","tag-crypto","tag-crypto-hack","tag-crypto-news"],"acf":[],"yoast_head":"\nBy The Numbers: How Much Crypto Has Been Lost In The CoinEx Hack So Far<\/title>\n<meta name=\"description\" content=\"On Tuesday, September 12, centralized crypto exchange CoinEx 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During this time, Scott has been able to author countless influential pieces that have drawn in millions of readers and have shaped public opinion across various important topics. His repertoire spans hundreds of articles on various sectors in the crypto industry, including decentralized finance (DeFi), decentralized exchanges (DEXes), Staking, Liquid Staking, emerging technologies, and non-fungible tokens (NFTs), among others. Scott\u2019s influence is not just limited to the countless discussions that his publications have sparked but also as a consultant for major projects in the space. He has consulted on issues ranging from crypto regulations to new technology deployment. Scott\u2019s expertise also spans community building and contributes to a number of causes to further the development of the crypto industry. Scott is an advocate for sustainable practices within the crypto industry and has championed discussions around green blockchain solutions. His ability to keep in line with market trends has made his work a favorite among crypto investors. In his personal life, Scott is an avid traveler and his exposure to the world and various way of life has helped him to understand how important technologies like the blockchain and cryptocurrencies are. This has been key in his understanding of its global impact, as well as his ability to connect socio-economic developments to technological trends around the globe like no one else. Scott is known for his work in community education to help people understand crypto technology and how its existence impacts their lives. He is a well-respected figure in his community, known for his work in helping to enlighten and inspire the next generation as they channel their energies into pressing issues. His work is a testament to his dedication and commitment to education and innovation, as well as the promotion of ethical practices in the rapidly developing world of cryptocurrencies. Scott stands steady in the frontlines of the crypto revolution and is committed to helping to shape a future that promotes the development of technology in an ethical manner that translates to the benefit of all in the society.","sameAs":["https:\/\/x.com\/https:\/\/twitter.com\/MathersonScott"],"url":"https:\/\/uniquehot.com\/author\/mathersonscott1\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"By The Numbers: How Much Crypto Has Been Lost In The CoinEx Hack So Far","url":"http:\/\/uniquehot.com\/news\/crypto-coinex-hack\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/uniquehot.com\/news\/crypto-coinex-hack\/"},"thumbnailUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/09\/CoinEx-crypto-hack.png?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/09\/CoinEx-crypto-hack.png?fit=1280%2C680"},"articleSection":"Crypto","author":[{"@type":"Person","name":"Scott Matherson"}],"creator":["Scott Matherson"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["coinex","coinex crypto exchange","coinex exchange","coinex hack","coinex news","crypto","crypto hack","crypto news"],"dateCreated":"2023-09-13T16:00:25Z","datePublished":"2023-09-13T16:00:25Z","dateModified":"2024-06-11T13:06:12Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"By The Numbers: How Much Crypto Has Been Lost In The CoinEx Hack So Far\",\"url\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/crypto-coinex-hack\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/crypto-coinex-hack\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2023\\\/09\\\/CoinEx-crypto-hack.png?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2023\\\/09\\\/CoinEx-crypto-hack.png?fit=1280%2C680\"},\"articleSection\":\"Crypto\",\"author\":[{\"@type\":\"Person\",\"name\":\"Scott Matherson\"}],\"creator\":[\"Scott Matherson\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"coinex\",\"coinex crypto exchange\",\"coinex exchange\",\"coinex hack\",\"coinex news\",\"crypto\",\"crypto hack\",\"crypto news\"],\"dateCreated\":\"2023-09-13T16:00:25Z\",\"datePublished\":\"2023-09-13T16:00:25Z\",\"dateModified\":\"2024-06-11T13:06:12Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/uniquehot.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/09\/CoinEx-crypto-hack.png?fit=1280%2C680","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/551134"}],"collection":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/users\/594"}],"replies":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/comments?post=551134"}],"version-history":[{"count":0,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/551134\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media\/551141"}],"wp:attachment":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media?parent=551134"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/categories?post=551134"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/tags?post=551134"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}