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Crypto exchange Coinsbuy loses $8 million in coordinated two-blockchain attack

CoinDesk·August 10, 2026·1 min read
Crypto exchange Coinsbuy loses $8 million in coordinated two-blockchain attack

Crypto exchange Coinsbuy lost $8 million in a coordinated attack across TRON and Ethereum, with onchain forensics linking the drain to a single actor. Most funds were routed through FixedFloat, and the attack vector remains unknown. The incident highlights cross-chain security risks and the challenges of tracing stolen assets.

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