Attention: Hack Alert for Popular Crypto Exchange! Check Out Started

Shocking news for players in the cryptocurrency market hit the agenda like a bomb. According to reports, suspicious transfers have begun from wallets linked to popular exchange CoinEx…

Cryptocurrency exchange CoinEx sounds an alarm

According to on-chain analysis, there is a remarkable movement of approximately $18 million from the exchange’s hot wallets. Mysterious transfers raised the possibility of a hacking incident.

According to CyversAlerts’ report, the size of transfers from CoinEx’s hot wallets, which has a daily transaction volume of $32 million, reached $18 million. The increasing volume, especially in Ethereum-based transactions, strengthens the possibility of a hacking attempt.

CoinEx users should be careful

Cyber ​​security experts also express their concerns about the incident. It is emphasized that Ethereum wallets may be in the process of being emptied and investors should take immediate precautions. They also sent warnings to the CoinEx team that it should temporarily suspend deposits/withdrawals.

Meanwhile, CyversAlerts said in a follow-up tweet that they were unable to contact the CoinEx team.

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