The post CoinEx Crypto Exchange Hacked, $54 Million Stolen! appeared first on Coinpedia Fintech News
According to the recent report, CoinEx, the amount stolen has risen to $54 million. The information was confirmed by SlowMist, a Chinese-based blockchain security firm. Following the incident, CoinEx announced that it had suspended deposits and withdrawals and assured users that it would fully compensate them. The exchange has not yet released any details on how the theft occurred but has stated that it is conducting a security review to prevent such incidents in the future. This latest breach highlights the importance of implementing robust security measures in the cryptocurrency industry.
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