Coinsbuy crypto exchange loses $8M in coordinated TRON and Ethereum attack

Crypto exchange Coinsbuy has suffered a loss of approximately $8 million following a coordinated attack spanning two blockchains, TRON and Ethereum. Onchain forensic analysis has linked the breach to a single threat actor responsible for draining funds across both networks. The majority of the stolen assets were subsequently routed through FixedFloat, a cryptocurrency exchange service. Investigators have not yet determined the exact attack vector used to carry out the exploit. The incident highlights growing risks of multi-chain vulnerabilities targeting centralized crypto platforms.