Breaches and incidentsBriefConfirmed by two or more outlets
Coinsbuy: payment processor wallets drained on Ethereum and Tron
About 13:00 UTC 9 Aug 2026: investigator SpecterAnalyst estimated more than USD 7.9M (BlockWatchdog: about USD 8.07M).
- Disclosed
What happened
- About 13:00 UTC 9 Aug 2026: investigator SpecterAnalyst estimated more than USD 7.9M (BlockWatchdog: about USD 8.07M). Coinsbuy confirmed unauthorized withdrawals but did not confirm the figure.
- Root cause: not disclosed. GoPlus said the pattern fits compromised hot-wallet keys or admin access.
- Attribution: none.
- Response: deposits and withdrawals paused, restored 10 Aug. Coinsbuy says affected client funds were “fully covered” from its reserves and offered a USD 100K reward. ChangeNOW reportedly froze a six-figure amount. Funds reportedly moved into Monero.
Sources
- https://cointelegraph.com/news/coinsbuy-confirms-security-breach-after-wallets-reportedly-drained-of-79m
- https://beincrypto.com/coinsbuy-hack-crypto-august/
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