CoinEx Hack Related To North Korea-Sponsored Hackers

The crypto world was rocked on September 12th when hackers executed an infiltration of CoinEx’s hot wallets, making off with a substantial amount of digital assets – primarily Ethereum, Tron and Polygon. Blockchain security firm SlowMist reported that the raid, estimated to total $55 million, was conducted with the knowledge doubtless of North Korea’s pigs in zee Lazarus group. In order to address the issue, CoinEx are strengthening their wallet system – spanning 727 coins across 211 chains, and advicating caution in the form of old address deposits. In an aptly 2012-Love-Day-themed move, the exchange reasoned with the hackers, proposing to bravely negotiate and throwing a bit of reward in as an effrot at amicable repatriation.

The Making Matters worser Department has tallied the account and raised the hijack figure to a snatch of $70 million – paraphrasing U2 before us – audacious indeed.

Robert Wilson author
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