Cryptocurrency
[loss] $2M+
Tweet by CyversAlerts
Primary Source ↗Financial Loss
$2.4M
(2,400,000 USD)
Blockchain(s)
Ethereum
Incident Details
The Australian cryptocurrency exchange CoinSpot appears to have been hacked for around 1,283 ETH (~$2.4 million). In two separate transactions, the ETH was transferred out of CoinSpot’s hot wallet, then bridged to Bitcoin via Thorchain and another bridge.
Total loss estimated at $2,400,000.
Technical Details
- Initial Attack Vector
- On-chain theft (attributed by zachxbt)
- Vendor / Product
- CoinSpot
Timeline
- 2023-11-08 Breach occurred
- 2023-11-08 Publicly disclosed