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Australian exchange CoinSpot reportedly hacked for $2m

A blockchain analyst under the pseudonym ZachXBT reported suspicious transactions from the wallets of the Australian exchange CoinSpot totaling $2 million. The stolen funds were exchanged for Wrapped Bitcoins (WBTC) and stablecoins USDC and USDT. To do this, the attackers directly used the decentralized exchange Uniswap, the THORChain protocol, and the WBTC smart contract. CoinSpot exchange was founded in 2014, and so far, no incidents related to information security have been recorded on it. At the moment, representatives of the site have not confirmed the hack. In October, hackers managed to exploit vulnerabilities in the decentralized Onyx Protocol. They stole assets worth over $2 million.


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