Coinsbuy Suffers $8M Cross-Chain Hack as Stolen Crypto Moves to Monero
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- Coinsbuy lost $7.9M as attackers drained Ethereum and TRON wallets in one breach.
- ChangeNOW reportedly froze six figures as stolen funds were routed toward Monero (XMR).
- TRM Labs logged 207 crypto hacks and $972M in losses during the first half of 2026.
Crypto payment processor Coinsbuy lost more than $7.9 million after unauthorized transfers drained digital assets from wallets operating across Ethereum and TRON.
The suspicious activity began around 13:00 UTC on Aug. 9, according to on-chain investigator SpecterAnalyst, before the stolen assets were distributed through several services.
PeckShield later tracked portions through ChangeNOW, FixedFloat, and BingX as the attacker moved proceeds away from the original wallets. ChangeNOW reportedly froze a six-figure amount.
The attacker subsequently began converting portions toward Monero, complicating blockchain …
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