CoinEx: Preliminary Investigation Indicates Attack Event Resulted from Hot Wallet Private Key Leak,

CoinEx has issued an update regarding the recent hacking incident, stating that they have preliminarily determined the security breach to be due to a hot wallet private key leak. The investigation and resolution efforts are currently proceeding in an organized manner.

The attack primarily involved cryptocurrencies such as BTC, ETH, XRP, BCH, SOL, and others. The specific value of the affected assets is still being calculated. Assets in CoinEx's cold wallet have not been affected by this incident.

CoinEx has taken the following measures:

• Suspended all

  cryptocurrency

  deposit and withdrawal services and urgently shut down the hot wallet servers.

• Transferred the remaining assets from the compromised hot wallet to secure addresses.

• Rebuilt and redeployed the wallet system.

• Conducted an investigation into the attack by CoinEx's wallet and security teams based on collected information and leads.

• Contacted other exchanges to freeze the malicious attacker's assets.

CoinEx assures users that their assets have not been and will not be affected by this attack, and any economic losses resulting from this incident will be covered by the CoinEx User Asset Security Foundation.

Currently, CoinEx is actively rebuilding the wallet system, which includes 211 chains and 737 cryptocurrencies. This process will take some time, and the team will gradually restore deposit and withdrawal services after ensuring asset security. It is strongly recommended that users do not deposit assets into old addresses until the restoration is complete to avoid potential losses.