๐ฅ BREAKING โ๏ธโ๐ฅ
๐จ $BTC Alert: CoinDCX Hit by $44.2M Hack! ๐ฅ๐ก๏ธ
๐ฎ๐ณ Indiaโs top crypto exchange CoinDCX was hacked for a staggering $44.2M on July 19, 2025! ๐ฑ The breach went undetected for 17 hours โฐโuntil on-chain detective ZachXBT ๐ต๏ธโโ๏ธ flagged it on X!
๐ฃ๏ธ Only then did CEO Sumit Gupta step in, confirming that a server-side flaw in their liquidity account for partners was exploited. ๐
โ The good news?
๐ User funds in cold wallets are SAFE.
๐ฐ CoinDCX will cover the loss from its treasury ๐ผ, showing strong commitment to user protection!
๐ Actions Taken:
๐งฏ Compromised account isolated
โธ๏ธ Web3 services paused
๐ง Cybersecurity experts on the case
๐ฏ Bug bounty program in the works!
๐ค Will CoinDCXโs fast recovery & transparency restore user trust?
Or will the delayed disclosure stir doubt in ๐ฎ๐ณ Indiaโs crypto community?
๐ฌ Drop your thoughts below! ๐
