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$7.9M Stolen in Cross-Chain Hack Draining Coinsbuy Wallets

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Crypto payment platform Coinsbuy has suffered a cross-chain hack that drained $7.9 million from wallets on both Ethereum and TRON blockchains.

The attacker moved the stolen funds through multiple wallets and services, complicating recovery efforts.

Coinsbuy had previously fixed a system flaw related to deposit verification, but the exact breach method remains unknown.

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