CoinEx resumes services post-$27M security breach, warns against using old addresses | Headlines | News | CoinMarketCap
09/20/2023 19:16
CoinEx is set to resume deposit and withdrawal services for Bitcoin (BTC), Ethereum (ETH), Tether (USDT), USD Coin (USDC), and other cryptos starting …
CoinEx is set to resume deposit and withdrawal services for Bitcoin (BTC), Ethereum (ETH), Tether (USDT), USD Coin (USDC), and other cryptos starting Sept. 21 at 08:00 UTC.
The announcement via CoinEx’s official X account urges users to steer clear of old addresses, warning that any assets sent to these locations will be irrevocably lost. A warning from the exchange reads,
“Please DO NOT use any old deposit addresses you may have saved – The old addresses will NO LONGER work and assets sent to them will be permanently lost.”
This development follows a substantial security breach that saw the crypto exchange lose over $27 million in digital assets to an attack linked to the North Korean Lazarus Group. The hack was part of a larger pattern of cyber-attacks aimed at siphoning off …