🚨CoinsPaid, a cryptocurrency payment solution provider, has encountered its second major security incident in the past half a year.
🔎Last week, blockchain cybersecurity company Cyvers discovered a series of unauthorized transactions involving USDT, USDC, ETH, BNB, and the platform's own CPD token. In total, $7.5 million was stolen from CoinsPaid and transferred to an external wallet. The funds are then forwarded to cryptocurrency exchanges such as ChangeNOW, WhiteBit, MEXC and several others.
🕵️♂️This attack pattern appears to be similar to the one that occurred in July, leading people to suspect that bad actors may still have access to the platform due to the negligence of CoinsPaid employees.
💰Although the scale of the attack is not as large as the previous one, the amount of money stolen is still close to the amount that CoinsPaid claims to process monthly.
📢To date, the platform has not made any official announcement regarding this issue.