Foresight News reported that on-chain detective ZachXBT monitored that the Indian centralized exchange CoinDCX has allegedly suffered an attack, resulting in a loss of approximately $44.2 million, which has not yet been disclosed. The attacker's address initially received 1 ETH through Tornado Cash to initiate operations and transferred some of the stolen assets from Solana to Ethereum. The affected CoinDCX hot wallet has not been publicly flagged and is not included in the current proof of reserves, requiring manual attribution through counterparty analysis.
CoinDCX subsequently announced that the reason for the attack was due to the internal operating account being compromised as a result of a server attack. The CoinDCX wallet used for storing customer assets was not affected, and the related losses will be fully covered by CoinDCX's own treasury reserves. They are currently freezing and recovering assets and plan to launch a bug bounty program.
