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LIVE DESK·Global markets desk·Last updated 14s ago
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Coinsbuy Offers $100K Bounty Following Security Breach

Cryptocurrency platform Coinsbuy is offering a $100,000 reward following a security breach that resulted in unauthorized withdrawals.

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Marcus Webb · Crypto Desk · 14 Aug 2026 · 1 min read
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Coinsbuy Offers $100K Bounty Following Security Breach

Cryptocurrency platform Coinsbuy has announced a $100,000 reward for information leading to the recovery of funds or the identification of perpetrators following a security breach on Sunday.

Coinsbuy stated that it has fully covered all affected client funds following the unauthorized withdrawals. Meanwhile, on-chain investigators have estimated that more than $7.9 million was drained from platform wallets during the incident.

This article was produced with AI assistance and edited by a Finance Review Daily journalist.
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Written by
Marcus Webb
Crypto Desk

Marcus reports on digital assets, from spot ETF flows to protocol-level developments in DeFi. He pays particular attention to how institutional adoption is reshaping crypto market structure.

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