Onchain forensics tie a single actor to an $8 million coordinated drain across TRON and Ethereum, with most funds routed through FixedFloat and the attack vector still unknown.
- An attacker drained $8.07 million from Coinsbuy across TRON and Ethereum in under an hour on Aug. 9, with blockchain researchers linking both chains into a single operation via cross-chain swapper Bridgers.
- Roughly 79% of stolen funds moved through instant exchange FixedFloat across 50 single-use addresses. ChangeNOW froze a six-figure sum, and approximately $542,000 in ETH has not moved.
- Coinsbuy refilled the drained wallets within 24 hours, suggesting private keys were not compromised, but the exchange has not explained how the withdrawal path was accessed.
- 1 There's an election next month: State of Crypto 42 minutes ago
- 2 Crypto poured years into new products. The next challenge is keeping users 5 hours ago
- 3 The Clarity Act stalled. Bankers aren’t hitting the brakes yet on crypto dealmaking 6 hours ago
- 4 Payments firm OpenPayd targets year-end Nasdaq listing to fund U.S. expansion and acquisitions 1 day ago
- 5 Crypto job postings triple to over 1,200 in September, but applications fall 1 day ago
- 6 Cathie Wood says smart investors need to start watching where AI agents spend money 1 day ago
- 7 Crypto's Sisyphean struggle 1 day ago
- 8 BlackRock offers a glimpse of how tokenization may change your investment portfolio 1 day ago
- 9 Bank group sues U.S. regulator over granting crypto trust charters 1 day ago
- 10 BNY in talks with Kraken parent Payward over infrastructure partnership 2 days ago
The Definitive Stablecoin Landscape Series: Asia Pacific
As stablecoins move into regulated finance, APAC is becoming a key proving ground. This report maps the region’s rules, use cases, and RLUSD’s role.
Why it matters :
As stablecoins move into regulated finance, APAC is becoming a key proving ground. This report maps the region’s rules, use cases, and RLUSD’s role.
Crypto poured years into new products. The next challenge is keeping users
The Clarity Act stalled. Bankers aren’t hitting the brakes yet on crypto dealmaking
Payments firm OpenPayd targets year-end Nasdaq listing to fund U.S. expansion and acquisitions
Original sourceCoinDesk
The original source remains the canonical version for attribution, rights, and later updates.
Read original ↗Disclaimer: This article is for information only and does not constitute investment advice. Digital assets involve substantial risk.
← Back to latest