Crypto exchange Coinsbuy loses $8 million in coordinated two-blockchain attack

CryptoInfo Editorial Team · Published on August 10, 2026 at 11:39 · Updated on August 10, 2026 · 1 min read

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Key Takeaways

→Coinsbuy lost $8 million in a coordinated attack on TRON and Ethereum.
→Most of the stolen funds were routed through FixedFloat.
→Onchain forensics have tied the attack to a single actor.

Disclaimer: This content is provided for informational purposes only and does not constitute financial or investment advice.

Crypto exchange Coinsbuy has been the target of a coordinated attack across two blockchains, resulting in a loss of $8 million, as reported by CoinDesk.

The attack, which involved both the TRON and Ethereum blockchains, saw most of the stolen funds routed through FixedFloat. Onchain forensics have tied the attack to a single actor.

The exact method used to carry out the attack is still unknown. The fact that the attack involved two different blockchains and was tied to a single actor suggests a high degree of coordination and planning.

Source: CoinDesk ↗

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