Back in Action: CoinEx’s Comeback
After a week that felt like an eternity for its users, cryptocurrency exchange CoinEx is finally gearing up to resume deposits and withdrawals. This comes on the heels of a substantial hacking incident that saw $70 million slip through the cracks due to compromised private keys from their hot wallets. Talk about a rocky road!
New Wallet System: Upgrades on the Horizon
In a bid to regain user trust, CoinEx is prioritizing the development of a cutting-edge wallet system. This revamped setup is expected to support 211 blockchains and 737 tokens, making sure your favorite digital assets have a safe space to hang out. The reset button has been hit, and new deposit addresses will be rolled out, so don’t get too cozy with those old ones—trust us, you don’t want to see your assets go missing!
Dear Users, Please Note!
Attention all CoinEx customers: it’s essential to follow the new protocols when resuming deposits. Old addresses are a no-go; if you send your assets there, you might as well send them off to a deserted island. You know, permanently lost treasure type of situation. Additionally, keep in mind that there may be a backlog with withdrawals when operations resume on September 21.
Security Measures: Putting Users First
In light of the recent debacle, CoinEx is doubling down on security with a shiny new 100% asset reserve policy. This move aims to create a fortress-like environment for its users’ assets. While the previous hacking incident resulted in significant losses, the exchange has vowed that the User Asset Security Foundation is there to buffer any future financial calamities.
Who Done It? The Hunt for Hackers
So, who are the mysterious figures behind this heist? Blockchain analytics firm Elliptic has unwrapped a potential lead, linking the attack to North Korea’s notorious Lazarus Group. Suspense aside, CoinEx is still delving into the identity of the hackers, so expect more plot twists as the investigation unfolds. To add some numbers to the tale, the hackers managed to pilfer 231 BTC, 4,953 ETH, and a trove of other cryptocurrencies across 18 different assets, making this a heist fit for a thriller movie!
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