CoinDCX
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🔥 BREAKING ⛓️💥
🚨 $BTC Alert: CoinDCX Hit by $44.2M Hack! 💥🛡️
🇮🇳 India’s top crypto exchange CoinDCX was hacked for a staggering $44.2M on July 19, 2025! 😱 The breach went undetected for 17 hours ⏰—until on-chain detective ZachXBT 🕵️♂️ flagged it on X!
🗣️ Only then did CEO Sumit Gupta step in, confirming that a server-side flaw in their liquidity account for partners was exploited. 😓
✅ The good news?
🔐 User funds in cold wallets are SAFE.
💰 CoinDCX will cover the loss from its treasury 💼, showing strong commitment to user protection!
🛑 Actions Taken:
🧯 Compromised account isolated
⏸️ Web3 services paused
🧠 Cybersecurity experts on the case
🎯 Bug bounty program in the works!
🤔 Will CoinDCX’s fast recovery & transparency restore user trust?
Or will the delayed disclosure stir doubt in 🇮🇳 India’s crypto community?
💬 Drop your thoughts below! 👇
#CoinDCX #CryptoNews #IndiaCrypto #BTC #BlockchainSecurity
🚨 $BTC Alert: CoinDCX Hit by $44.2M Hack! 💥🛡️
🇮🇳 India’s top crypto exchange CoinDCX was hacked for a staggering $44.2M on July 19, 2025! 😱 The breach went undetected for 17 hours ⏰—until on-chain detective ZachXBT 🕵️♂️ flagged it on X!
🗣️ Only then did CEO Sumit Gupta step in, confirming that a server-side flaw in their liquidity account for partners was exploited. 😓
✅ The good news?
🔐 User funds in cold wallets are SAFE.
💰 CoinDCX will cover the loss from its treasury 💼, showing strong commitment to user protection!
🛑 Actions Taken:
🧯 Compromised account isolated
⏸️ Web3 services paused
🧠 Cybersecurity experts on the case
🎯 Bug bounty program in the works!
🤔 Will CoinDCX’s fast recovery & transparency restore user trust?
Or will the delayed disclosure stir doubt in 🇮🇳 India’s crypto community?
💬 Drop your thoughts below! 👇
#CoinDCX #CryptoNews #IndiaCrypto #BTC #BlockchainSecurity
LATEST CRYPTO CURRENCY NEWS
#news #NewsAboutCrypto
The crypto market is buzzing with Bitcoin reaching new highs, recently crossing $120,000, and Ethereum also surging. This rally is fueled by increased institutional adoption, regulatory clarity, and the recent approval of Bitcoin spot ETFs. However, security remains a concern, with crypto thefts in H1 2025 already surpassing last year's total, highlighted by a recent $44 million hack on Indian exchange CoinDCX.
#NFTMarketWatch $BTC $ETH
#CoinDCX
#news #NewsAboutCrypto
The crypto market is buzzing with Bitcoin reaching new highs, recently crossing $120,000, and Ethereum also surging. This rally is fueled by increased institutional adoption, regulatory clarity, and the recent approval of Bitcoin spot ETFs. However, security remains a concern, with crypto thefts in H1 2025 already surpassing last year's total, highlighted by a recent $44 million hack on Indian exchange CoinDCX.
#NFTMarketWatch $BTC $ETH
#CoinDCX
📢 CoinDCX Launches $44M Recovery Bounty Program
India’s top crypto exchange CoinDCX has announced a Recovery Bounty Program after a $44 million exploit.
🔍 Those who help trace and recover the stolen funds will receive up to 25% of the recovered amount as a reward.
🎯 Aimed at bringing back the lost assets and boosting ecosystem security.#CoinDCX #Write2Earn $ETH $SOL $XRP
India’s top crypto exchange CoinDCX has announced a Recovery Bounty Program after a $44 million exploit.
🔍 Those who help trace and recover the stolen funds will receive up to 25% of the recovered amount as a reward.
🎯 Aimed at bringing back the lost assets and boosting ecosystem security.#CoinDCX #Write2Earn $ETH $SOL $XRP
$BNB $USDC
Crypto hacks exceed $2.17 billion in H1 2025:
• Hackers have swiped more than $2.17 billion worth of crypto in the first half of 2025—already surpassing 2024's figure—with the ByBit mega-heist and CoinDCX hack being two leading catalysts.
#cryptohacks #CoinDCX #bybit
Crypto hacks exceed $2.17 billion in H1 2025:
• Hackers have swiped more than $2.17 billion worth of crypto in the first half of 2025—already surpassing 2024's figure—with the ByBit mega-heist and CoinDCX hack being two leading catalysts.
#cryptohacks #CoinDCX #bybit
Sebastian Commings srbH:
$2.17 Billion
🚨 Major Security Breach: CoinDCX Hacked for $45 Million in India
In a shocking turn of events CoinDCX one of India’s largest and most trusted cryptocurrency exchanges has reportedly fallen victim to a major security breach. According to sources close to the matter, hackers infiltrated the platform and managed to steal approximately $45 million worth of digital assets.
What Happened?
$BTC
The attack appears to have been a targeted exploit, possibly through a compromised private key or vulnerability in CoinDCX's hot wallet infrastructure. While official details are still emerging, blockchain analysts and on chain tracking firms have already identified suspicious outflows that align with the reported amount lost.
The breach has sparked concern across the Indian crypto community, with many users rushing to withdraw funds or seek clarity from the exchange’s support channels.
CoinDCX's Response
CoinDCX has confirmed the incident and stated that its team is working closely with law enforcement agencies and cybersecurity experts to investigate the breach. In a statement, the exchange said:
“We are actively assessing the situation and taking steps to secure our platform. User funds in cold storage remain safe, and we are committed to full transparency as we work through this.
So far, there has been no official confirmation of whether affected users will be compensated for the losses, though community pressure is mounting.
Industry Reactions
This hack comes at a time when the Indian crypto sector is striving for legitimacy and regulatory clarity. Security lapses of this scale not only shake investor confidence but also provide ammunition for critics of the decentralized finance ecosystem.
Experts are calling for improved security standards across all Indian exchanges, especially as crypto adoption continues to grow. Several security firms have also urged platforms to audit smart contracts and wallet systems more frequently.
Lessons for Crypto Users
Events like this serve as a stark reminder that
Not your keys not your coins.
Always use hardware wallets for long term holdings.
Choose exchanges with proven security track records and insurance policies.
Final Thoughts
As investigations continue, the CoinDCX hack is likely to spark intense debate over crypto security and regulation in India. Meanwhile, users are advised to stay vigilant, monitor official updates, and exercise caution when interacting with centralized platforms
#CoinDCX
#cryptohacks
#CryptoNews
#IndiaCrypto
#CryptoSecurity
What Happened?
$BTC
The attack appears to have been a targeted exploit, possibly through a compromised private key or vulnerability in CoinDCX's hot wallet infrastructure. While official details are still emerging, blockchain analysts and on chain tracking firms have already identified suspicious outflows that align with the reported amount lost.
The breach has sparked concern across the Indian crypto community, with many users rushing to withdraw funds or seek clarity from the exchange’s support channels.
CoinDCX's Response
CoinDCX has confirmed the incident and stated that its team is working closely with law enforcement agencies and cybersecurity experts to investigate the breach. In a statement, the exchange said:
“We are actively assessing the situation and taking steps to secure our platform. User funds in cold storage remain safe, and we are committed to full transparency as we work through this.
So far, there has been no official confirmation of whether affected users will be compensated for the losses, though community pressure is mounting.
Industry Reactions
This hack comes at a time when the Indian crypto sector is striving for legitimacy and regulatory clarity. Security lapses of this scale not only shake investor confidence but also provide ammunition for critics of the decentralized finance ecosystem.
Experts are calling for improved security standards across all Indian exchanges, especially as crypto adoption continues to grow. Several security firms have also urged platforms to audit smart contracts and wallet systems more frequently.
Lessons for Crypto Users
Events like this serve as a stark reminder that
Not your keys not your coins.
Always use hardware wallets for long term holdings.
Choose exchanges with proven security track records and insurance policies.
Final Thoughts
As investigations continue, the CoinDCX hack is likely to spark intense debate over crypto security and regulation in India. Meanwhile, users are advised to stay vigilant, monitor official updates, and exercise caution when interacting with centralized platforms
#CoinDCX
#cryptohacks
#CryptoNews
#IndiaCrypto
#CryptoSecurity
44M Hacked from CoinDCX—India’s Largest Crypto Exchange Under Fire
🔒 A shocking security breach drained $44 million from CoinDCX via an internal compromise. This highlights serious risks when trusting centralized platforms without strong safeguards.
👀 Security researchers traced the breach to unauthorized wallet movement, sparking fears across the Indian crypto community. Some users report withdrawal delays and account freezes.
🔁 As panic spreads, traders are flocking to more trusted exchanges. Binance’s security protocols and insurance measures make it one of the safest places to trade.
💡 Want to trade safely?
Start on Binance today using my referral link and enjoy exclusive bonuses:
👉 [insert your Binance referral link here]
CryptoNews #CoinDCX #HackAlert #BinanceSecure #CryptoIndia #Altcoinseason2024 #TradingTips
🔒 A shocking security breach drained $44 million from CoinDCX via an internal compromise. This highlights serious risks when trusting centralized platforms without strong safeguards.
👀 Security researchers traced the breach to unauthorized wallet movement, sparking fears across the Indian crypto community. Some users report withdrawal delays and account freezes.
🔁 As panic spreads, traders are flocking to more trusted exchanges. Binance’s security protocols and insurance measures make it one of the safest places to trade.
💡 Want to trade safely?
Start on Binance today using my referral link and enjoy exclusive bonuses:
👉 [insert your Binance referral link here]
CryptoNews #CoinDCX #HackAlert #BinanceSecure #CryptoIndia #Altcoinseason2024 #TradingTips
🚨💸 $44M CoinDCX Hack Shocks Indian Crypto Community! 🇮🇳🔥
Today’s big headline: CoinDCX, one of India’s largest exchanges, just suffered a massive $44 million hack from its hot wallets! 😨
The attackers moved fast, but thankfully...
✅ User funds in cold wallets are SAFE
✅ CoinDCX is working with cybersecurity pros + police 👮♂️🔐
This is a BIG reminder for us all, fam 👇
💼 Hot wallets = for trading
🏦 Cold wallets = for storing
📲 Use 2FA, track your balances, stay alert!
🧠 My take? Trust is earned—but safety is your responsibility. Don't learn the hard way.
Are your funds truly secure? 🤔
Drop your thoughts in the comments! ⬇️
#CryptoNewss #CoinDCX #CryptoSecurity #Web3India #BinanceSquare $BTC
Today’s big headline: CoinDCX, one of India’s largest exchanges, just suffered a massive $44 million hack from its hot wallets! 😨
The attackers moved fast, but thankfully...
✅ User funds in cold wallets are SAFE
✅ CoinDCX is working with cybersecurity pros + police 👮♂️🔐
This is a BIG reminder for us all, fam 👇
💼 Hot wallets = for trading
🏦 Cold wallets = for storing
📲 Use 2FA, track your balances, stay alert!
🧠 My take? Trust is earned—but safety is your responsibility. Don't learn the hard way.
Are your funds truly secure? 🤔
Drop your thoughts in the comments! ⬇️
#CryptoNewss #CoinDCX #CryptoSecurity #Web3India #BinanceSquare $BTC
🚨 #CoinDCX Resumes INR Withdrawals After $44M Breach
India’s top crypto exchange, CoinDCX, is fully back online after a $44 million exploit linked to a Tornado Cash-funded wallet. While no user funds were affected, the breach exposed vulnerabilities in the platform’s operational infrastructure.
🔹 On-chain sleuth ZachXBT traced the attack 17 hours before it was officially disclosed.
🔹 The attack targeted an internal liquidity provisioning account, not user wallets.
🔹 Customer funds remain safe, secured in cold wallets, according to CEO Sumit Gupta.
🔹 INR withdrawals and trading have been fully restored with no restrictions.
🔹 A bug bounty program is being launched to prevent future exploits.
India’s top crypto exchange, CoinDCX, is fully back online after a $44 million exploit linked to a Tornado Cash-funded wallet. While no user funds were affected, the breach exposed vulnerabilities in the platform’s operational infrastructure.
🔹 On-chain sleuth ZachXBT traced the attack 17 hours before it was officially disclosed.
🔹 The attack targeted an internal liquidity provisioning account, not user wallets.
🔹 Customer funds remain safe, secured in cold wallets, according to CEO Sumit Gupta.
🔹 INR withdrawals and trading have been fully restored with no restrictions.
🔹 A bug bounty program is being launched to prevent future exploits.
🚨💥 BREAKING: ₹366 Crore Hack Hits Indian Exchange CoinDCX! 💥🚨
One of India’s top exchanges — CoinDCX — just got hacked! 🧨
Over $44 MILLION (₹366 Cr) was drained from its hot wallets by attackers 🕵️♂️💻
😮 The good news?
✅ User funds in cold wallets are SAFE
✅ CoinDCX is working with law enforcement, experts & other exchanges 🛡️🔍
This is a wake-up call for every crypto user! 📣
🔐 Security Tips:
• Don’t store large funds in hot wallets 💸🔥
• Enable 2FA & email alerts 📱🔔
• Keep your coins in cold wallets 🧊🪙
🧠 My take: Treat hot wallets like your pocket—not your vault!
What do YOU think about this? Are your funds safe? 💬👇
#CoinDCX #CryptoHack #CryptoSecurity #BinanceSquare #Web3News
$ETH
$SOL
One of India’s top exchanges — CoinDCX — just got hacked! 🧨
Over $44 MILLION (₹366 Cr) was drained from its hot wallets by attackers 🕵️♂️💻
😮 The good news?
✅ User funds in cold wallets are SAFE
✅ CoinDCX is working with law enforcement, experts & other exchanges 🛡️🔍
This is a wake-up call for every crypto user! 📣
🔐 Security Tips:
• Don’t store large funds in hot wallets 💸🔥
• Enable 2FA & email alerts 📱🔔
• Keep your coins in cold wallets 🧊🪙
🧠 My take: Treat hot wallets like your pocket—not your vault!
What do YOU think about this? Are your funds safe? 💬👇
#CoinDCX #CryptoHack #CryptoSecurity #BinanceSquare #Web3News
$ETH
$SOL
🩸 $44 Million Gone: CoinDCX Breach Shakes India’s Crypto Scene 🇮🇳
🔹1: What Happened?
CoinDCX, one of India’s top crypto exchanges, suffered a $44 million hack.
Hackers reportedly gained access to hot wallets, siphoning off funds silently.
The breach was precise and untraceable — discovered only after damage was done.
The stolen amount equals over ₹367 Crores in digital assets.
Investigations are ongoing, but the incident has already raised serious concerns.
🔹2: Why This Matters
This isn't an isolated event.
It’s part of a growing trend of high-profile exchange breaches worldwide.
⛓️ Notable Global Crypto Breaches:
Bit Byte – $1.5 Billion
Coinbase – $400 Million
WazirX – $230 Million
FTX – Collapse from internal fraud
Bitrue – $23 Million
Atomic Wallet – $100 Million
Poloniex – $126 Million
Now CoinDCX – $44 Million
💡 These numbers reveal one thing:
The industry urgently needs stronger security protocols and user-level precautions.
🔹3: Is Crypto Safe?
✅ The Technology is Not the Problem
Blockchain is secure, transparent, and trustless.
The tech itself has not been compromised.
Most hacks occur outside the blockchain — in custody, infrastructure or internal systems.
🔹4: Where the Risk Really Is
Breaches commonly happen at points where assets are stored or managed:
✔️ Hot Wallets – Connected to the internet, vulnerable to remote attacks.
✔️ Centralized Custody – Single point of failure, managed by few.
✔️ Private Key Management – Often mishandled or stored insecurely.
🔥This doesn’t mean centralized platforms are bad — But they require Rigorous audits, Transparency, and layered security.
🔹5: How to Protect Yourself
🔐 1. Use Cold Storage:
Cold wallets are offline and much harder to hack.
They’re ideal for long-term holders and serious investors.
🌐 2. Explore Decentralized Finance (DeFi)
DeFi platforms remove central control.
They reduce risks by operating on smart contracts and distributed protocols.
#CoinDCX #HackedOrExploited
$BTC $ETH $BNB
🔹1: What Happened?
CoinDCX, one of India’s top crypto exchanges, suffered a $44 million hack.
Hackers reportedly gained access to hot wallets, siphoning off funds silently.
The breach was precise and untraceable — discovered only after damage was done.
The stolen amount equals over ₹367 Crores in digital assets.
Investigations are ongoing, but the incident has already raised serious concerns.
🔹2: Why This Matters
This isn't an isolated event.
It’s part of a growing trend of high-profile exchange breaches worldwide.
⛓️ Notable Global Crypto Breaches:
Bit Byte – $1.5 Billion
Coinbase – $400 Million
WazirX – $230 Million
FTX – Collapse from internal fraud
Bitrue – $23 Million
Atomic Wallet – $100 Million
Poloniex – $126 Million
Now CoinDCX – $44 Million
💡 These numbers reveal one thing:
The industry urgently needs stronger security protocols and user-level precautions.
🔹3: Is Crypto Safe?
✅ The Technology is Not the Problem
Blockchain is secure, transparent, and trustless.
The tech itself has not been compromised.
Most hacks occur outside the blockchain — in custody, infrastructure or internal systems.
🔹4: Where the Risk Really Is
Breaches commonly happen at points where assets are stored or managed:
✔️ Hot Wallets – Connected to the internet, vulnerable to remote attacks.
✔️ Centralized Custody – Single point of failure, managed by few.
✔️ Private Key Management – Often mishandled or stored insecurely.
🔥This doesn’t mean centralized platforms are bad — But they require Rigorous audits, Transparency, and layered security.
🔹5: How to Protect Yourself
🔐 1. Use Cold Storage:
Cold wallets are offline and much harder to hack.
They’re ideal for long-term holders and serious investors.
🌐 2. Explore Decentralized Finance (DeFi)
DeFi platforms remove central control.
They reduce risks by operating on smart contracts and distributed protocols.
#CoinDCX #HackedOrExploited
$BTC $ETH $BNB
#BinanceSquareTalks
#Follow4more
🔴CoinDCX hacked for $44 million amid ongoing attacks on crypto exchanges‼️
📣Indian crypto exchange CoinDCX was hacked on Friday, resulting in a loss of $44 million.
📌CEO Smith Gupta said the breach originated from an internal account related to liquidity operations, which occurred due to an “advanced server intrusion.”
📌On-chain analyst ZachXBT reported that the attacker used #TornadoCash to fund his #Ethereum address and transferred the stolen assets from #Solana to Ethereum.
#CoinDCX
#Follow4more
🔴CoinDCX hacked for $44 million amid ongoing attacks on crypto exchanges‼️
📣Indian crypto exchange CoinDCX was hacked on Friday, resulting in a loss of $44 million.
📌CEO Smith Gupta said the breach originated from an internal account related to liquidity operations, which occurred due to an “advanced server intrusion.”
📌On-chain analyst ZachXBT reported that the attacker used #TornadoCash to fund his #Ethereum address and transferred the stolen assets from #Solana to Ethereum.
#CoinDCX
#CoinDCX ⚠️🚨 Cyberattack
Indian crypto exchange CoinDCX suffered a cyberattack on July 19, losing $44 million (~₹368 crore). The breach targeted an internal account used for liquidity on a partner exchange. No user funds were affected, and INR withdrawals/trading stayed active. Web3 trading was briefly paused but has now resumed.
#cyberattacks
#SecurityAlert
Indian crypto exchange CoinDCX suffered a cyberattack on July 19, losing $44 million (~₹368 crore). The breach targeted an internal account used for liquidity on a partner exchange. No user funds were affected, and INR withdrawals/trading stayed active. Web3 trading was briefly paused but has now resumed.
#cyberattacks
#SecurityAlert
Evening News Update #Web3
📈 U.S. spot Ethereum ETFs saw $2.1824B net inflow this week
⚖️ @vaneck_us urges @SECGov to review ETH staking ETFs on a FIFO basis, opposes batch approval with @BlackRock
🔗 @Abstract_Chain surpasses 100 million on-chain transactions
🔐 @CoinDCX reiterates fund safety, set to launch recovery bounty program
📢 @IOHK_Charles: Audit report to be released in August
#ETHETF #blackRock #AbstractChain #CoinDCX #Cardano
📈 U.S. spot Ethereum ETFs saw $2.1824B net inflow this week
⚖️ @vaneck_us urges @SECGov to review ETH staking ETFs on a FIFO basis, opposes batch approval with @BlackRock
🔗 @Abstract_Chain surpasses 100 million on-chain transactions
🔐 @CoinDCX reiterates fund safety, set to launch recovery bounty program
📢 @IOHK_Charles: Audit report to be released in August
#ETHETF #blackRock #AbstractChain #CoinDCX #Cardano
Since yesterday the CoinDCX team has been working around the clock and we have published the First Incident Report on the July 19th server breach. The report covers all the key points:
-Customer funds are 100% safe. All user assets are stored in segregated cold wallets.
-The incident is isolated to a single operational liquidity-providing account.
-CoinDCX reserves are absorbing all losses.
-Trading and withdrawals are running normally. There is no impact on users.
-A detailed investigation is underway in collaboration with global security experts.
-We are working with authorities and forensic agencies to recover the stolen funds.
-A recovery bounty program will be launching soon to engage the cybersecurity community.
-Beware of scammers. Please rely only on official channels for updates, and never share your account login credentials with anyone.
---coinDCX Founder#CoinDCX #Write2Earn $BTC $ETH $BNB
-Customer funds are 100% safe. All user assets are stored in segregated cold wallets.
-The incident is isolated to a single operational liquidity-providing account.
-CoinDCX reserves are absorbing all losses.
-Trading and withdrawals are running normally. There is no impact on users.
-A detailed investigation is underway in collaboration with global security experts.
-We are working with authorities and forensic agencies to recover the stolen funds.
-A recovery bounty program will be launching soon to engage the cybersecurity community.
-Beware of scammers. Please rely only on official channels for updates, and never share your account login credentials with anyone.
---coinDCX Founder#CoinDCX #Write2Earn $BTC $ETH $BNB
User funds remain 100% safe
-Trading is unaffected, and all losses are being absorbed by CoinDCX
-A detailed investigation is ongoing with top global security experts
-A Recovery Bounty Program will launch soon to engage the cybersecurity community
We appreciate your trust and patience as we work through this together. 🙏$CFX $BNB $ETH #CoinDCX #Write2Earn
-Trading is unaffected, and all losses are being absorbed by CoinDCX
-A detailed investigation is ongoing with top global security experts
-A Recovery Bounty Program will launch soon to engage the cybersecurity community
We appreciate your trust and patience as we work through this together. 🙏$CFX $BNB $ETH #CoinDCX #Write2Earn
🚨 $44M Breach Hits #CoinDCX – 1 Year After WazirX Hack!
India’s top exchange CoinDCX was hacked for $44.2M from an internal liquidity account on July 19, 2025. The exploit began with just 1 ETH from Tornado Cash and spanned multiple chains. 🕵️♂️
🔒 User funds are safe in cold wallets.
⚠️ Community questions delay in disclosure (17 hours late).
🛡️ CoinDCX halts Web3 ops, launches investigation + bug bounty.
Another reminder: self-custody > sorry. 🔐
#CoinDCX #HackAlert #dyor
India’s top exchange CoinDCX was hacked for $44.2M from an internal liquidity account on July 19, 2025. The exploit began with just 1 ETH from Tornado Cash and spanned multiple chains. 🕵️♂️
🔒 User funds are safe in cold wallets.
⚠️ Community questions delay in disclosure (17 hours late).
🛡️ CoinDCX halts Web3 ops, launches investigation + bug bounty.
Another reminder: self-custody > sorry. 🔐
#CoinDCX #HackAlert #dyor
Indian Exchanges Coindcx Faces Hacked of 44 Million Dollar !!
Funds are Gone
#scam
#CoinDCX
#HackedFunds
#Write2Earn
Funds are Gone
#scam
#CoinDCX
#HackedFunds
#Write2Earn
BREAKING: $44M Hack Hits CoinDCX – No User Funds Affected
India’s top crypto exchange #CoinDCX has reportedly suffered a $44.2 million security breach from one of its internal accounts used for operations.
Here’s what we know:
▪️ The exploit was first flagged by on-chain investigators @ZachXBT and @Cyvers_
▪️ Funds were moved from Solana to Ethereum and then laundered through Tornado Cash
▪️ Stolen assets include $ETH $USDT $LINK $AAVE and others
▪️ The attacker spread funds across multiple wallets to avoid tracking
CoinDCX Response:
▪️ Confirmed that user funds are safe
▪️ The breach was isolated to a backend liquidity wallet, not customer wallets
▪️ Web3 services were paused while a full investigation began
▪️ Cybersecurity experts and recovery efforts are in progress
This could be one of the biggest undisclosed exchange hacks in India’s history.
Stay alert. Even top exchanges can be targets, always secure your assets wisely.
#CoinDCXHack #GENIUSAct #CryptoNews
India’s top crypto exchange #CoinDCX has reportedly suffered a $44.2 million security breach from one of its internal accounts used for operations.
Here’s what we know:
▪️ The exploit was first flagged by on-chain investigators @ZachXBT and @Cyvers_
▪️ Funds were moved from Solana to Ethereum and then laundered through Tornado Cash
▪️ Stolen assets include $ETH $USDT $LINK $AAVE and others
▪️ The attacker spread funds across multiple wallets to avoid tracking
CoinDCX Response:
▪️ Confirmed that user funds are safe
▪️ The breach was isolated to a backend liquidity wallet, not customer wallets
▪️ Web3 services were paused while a full investigation began
▪️ Cybersecurity experts and recovery efforts are in progress
This could be one of the biggest undisclosed exchange hacks in India’s history.
Stay alert. Even top exchanges can be targets, always secure your assets wisely.
#CoinDCXHack #GENIUSAct #CryptoNews
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