CoinEx Rebounds With New Wallet After $70M Hack

CoinEx Rebounds With New Wallet After $70M Hack

Cryptocurrency exchange CoinEx is making a swift recovery with enhanced security measures following a recent security breach that saw hackers make off with $70 million due to compromised hot wallet private keys.
Road to Recovery
In an official press release on September 20th, CoinEx announced its plans to resume deposits and withdrawals starting on September 21st. Users will regain access to assets like BTC, ETH, TRX, USDC, and various other cryptocurrencies.
The crypto exchange had fallen victim to a security breach on September 12th, resulting in a loss of $54 million. The platform responded to the attack by immediately halting all services in order to evaluate the extent of the damage and bolster its defenses.
New Wallet System
To prevent future incidents, CoinEx has prioritized the creation and deployment of a new wallet system. This system will support the 211 blockchains and 737 tokens previously traded on the platform.
The exchange emphasizes the stability of its new wallet syst

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We współpracy z: https://cryptodaily.co.uk/2023/09/coinex-rebounds-with-new-wallet-after-70m-hack

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