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Crypto Exchange Coinsbuy Loses Over $8 Million in Coordinated Cross-Blockchain Attack

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Crypto exchange Coinsbuy suffered losses exceeding $8 million after a suspected attacker targeted wallets across the TRON and Ethereum blockchains. The hacker drained more than $6 million in stablecoins from eight TRON wallets and moved additional USDT and Ether from three Ethereum wallets. Most of the stolen assets were subsequently routed through crypto swapping and exchange services. Coinsbuy said no customers suffered losses and that the platform remains operational while investigations continue.

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