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Crypto Chaos Continues: Coinspaid Loses Another $1 Million to Relentless Hackers, Total Loss Soars to $7.5 Million!

Jan 7, 2024

Crypto Chaos Continues: Coinspaid Loses Another $1 Million to Relentless Hackers, Total Loss Soars to $7.5 Million!
Crypto Chaos Continues: Coinspaid Loses Another $1 Million to Relentless Hackers, Total Loss Soars to $7.5 Million!
Crypto Chaos Continues: Coinspaid Loses Another $1 Million to Relentless Hackers, Total Loss Soars to $7.5 Million!

Foresight News has reported another significant security breach at Coinspaid, a cryptocurrency payment service provider, with hackers making off with an additional $1 million in digital assets, comprising 924,000 BUSD and 268.5 BNB. This unfortunate incident has brought the total loss for Coinspaid to a staggering $7.5 million, following previous unauthorised transactions that saw hackers pilfering more than $6.1 million in assets. These repeated security breaches highlight the ongoing challenges faced by cryptocurrency platforms in safeguarding digital assets and the pressing need for continuous improvement in cybersecurity measures within the crypto industry to protect both the platforms and their users.