In one of the largest cryptocurrencies exchanges hacks to date, CoinEx has had $70 million worth of Bitcoin stolen due to compromised private keys. Investors are left with significant losses, while the perpetrators remain unknown.
The well-known Chinese crypto exchange, CoinEx, has reportedly been targeted by the infamous North Korean Lazarus Group. An investigation is currently underway to determine the full extent of the attack.
In the world of cryptocurrency and finance, much has been happening of late. Curve Finance has just announced a reimbursement of users due to a DEFI hack, while Consensys has announced the launch of their Layer 2 product entitled “Finance Redefined”.
Industry experts have released a statement confirming that the blockchain-based Zunami Protocol was the victim of a malicious hack resulting in the loss of over $2.1 million in crypto currency. The hack has been attributed to an act of sophisticated price manipulation.
Geist Finance, a crypto-backed lending start-up, has permanently ceased operations after a MultiChain security breach. The company had reportedly been facing liquidity issues prior to the hack.