Today news
About the same in other media
CoinsPaid Faces Second Security Breach in Six Months, Unauthorized Transactions Totaling $7.5 Million Detected
Reading now: 583
The Estonian payment processor for digital assets, CoinsPaid, has suffered its second security breach in the last six months, with unauthorized transactions totaling almost $7.5 million, web3 security firm Cyvers reported.
Cyvers’ artificial intelligence system identified multiple irregular transactions at 1:26 pm GMT on January 6, resulting in the withdrawal of $6.1 million worth of digital assets, including Tether (USDT), Ether (ETH), USD Coin (USDC), and CoinsPaid’s native token CPD.
The attacker reportedly swapped around 97 million CPD tokens, valued at approximately $368,000, for ETH and subsequently transferred the funds to externally owned accounts (EOAs) and various crypto exchanges, including MEXC, WhiteBit, and ChangeNOW.
Read more on cryptonews.comAbout this in other media
₹3.3 to ₹41: Penny stock turns multibagger in six months. ₹1 lakh turs to ₹12.50 lakh livemint.com /10 months ago
Multibagger small-cap stock secures BHEL order. Doubles investors' money in six months livemint.com /10 months ago
Bank FD rate hike: Second time in a month PNB raises fixed deposit rates: Check latest interest rates livemint.com /10 months ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
