Coinsbuy-Linked Wallets Hit by $7.9M Crypto Heist Across TRON and Ethereum

A $7.9 million crypto heist has been reported on the TRON and Ethereum networks, according to blockchain security firm PeckShield.

The theft is linked to wallets associated with Coinsbuy, a cryptocurrency payment platform that allows users to buy, sell, and transact with digital assets.

On-chain analysts have tracked a portion of the stolen funds to exchanges including ChangeNOW, FixedFloat, and BingX, indicating that attackers may have used these platforms to swap or transfer the assets.

The incident serves as a stark reminder of the persistent security risks in the cryptocurrency space. Users are advised to monitor their accounts and exercise caution.