The Grinex cyberattack has once again drawn attention to the vulnerabilities facing the global Crypto exchange ecosystem. In a cyberattack on Grinex, the Kyrgyzstan-based platform was forced to suspend all trading operations after hackers executed a large-scale wallet breach, stealing more than $15 million in USDT.  

The cyberattack on Grinex unfolded when attackers infiltrated the exchange wallet infrastructure, extracting over 1 billion rubles, equivalent to roughly $13–15 million in USDT.   Response to the Grinex Cyberattack 

In response, Grinex halted all trading activities, including withdrawals, effectively locking users out of their accounts while the platform assessed the damag...