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News Explorer — Crypto Exchange CoinEx Shuts Down Withdrawals Following Suspected Hack of $27M

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Sep 13, 10:30 am
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Crypto Exchange CoinEx Shuts Down Withdrawals Following Suspected Hack of $27M

Crypto exchange CoinEx has suspended withdrawals after a suspected hacker stole $27 million worth of tokens. The exchange detected "anomalous withdrawals" from hot wallet addresses and is still determining the exact amount of the loss. CoinEx has disabled withdrawals and deposits while investigating the incident and has promised affected parties 100% compensation for any losses.

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