[Brief] Crypto Exchange Coinsbuy Loses $8 Million in Coordinated Two-Blockchain Attack
Core Summary Cryptocurrency exchange Coinsbuy suffered a coordinated two-blockchain attack, losing approximately $8 million in assets. Security researchers say the attackers simultaneously targeted two different blockchains, demonstrating highly sophisticated attack techniques. Event Details According to CoinDesk, Coinsbuy exchange confirmed a security incident on August 10, with attackers exploiting smart contract vulnerabilities to launch simultaneous attacks on two different blockchains. Preliminary investigations show losses of approximately $8 million. Security teams are tracking fund flows and working with blockchain analytics firms to attempt to freeze stolen assets. Coinsbuy has suspended deposit and withdrawal services on the affected blockchains and stated it will fully compensate affected users. ...