🚨 BREAKING: CoinDCX Hacked – $44M Lost! 🚨
India’s top crypto exchange CoinDCX suffered a $44M hot wallet breach, used for liquidity provisioning.
🔐 User funds are SAFE (stored in cold wallets)
⚙️ Exploit involved cross-chain fund movements via Tornado Cash
🕵️ Detected by on-chain sleuth ZachXBT before official disclosure
💼 Losses to be covered by CoinDCX's treasury
💰 INR 50 Cr Investor Protection Fund remains intact
⚠️ Another wake-up call for centralized exchanges to bolster wallet security & real-time transparency.
#GENIUSAct #CryptoSecurity #Web3 #HackAlert
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