Coinsbuy drained of $8 million in coordinated TRON and Ethereum attack

Crypto exchange Coinsbuy lost about $8 million in a coordinated attack that hit wallets on both TRON and Ethereum, according to onchain forensic analysis. Investigators attributed the drain to a single actor operating across the two networks at the same time, with the majority of the stolen funds moved through the instant-swap service FixedFloat, a common laundering route in exchange breaches. The attack vector has not been identified. The incident adds to a run of centralized-platform compromises in which private key exposure or infrastructure access, rather than smart contract flaws, has been the suspected entry point.