⚠️🧐CoinDCX Hack: $44.2 Million Stolen from Indian Exchange🤐☢️
*Details of the Hack:*
- *Amount Stolen:* $44.2 million.
- *Date:* The hack occurred about 17 hours ago.
- *Method of Hacking:* The attacker started with one Ethereum from Tornado Cash, then moved the stolen funds from Solana to Ethereum.
*CoinDCX's Response:*
- *Confirmation of the Hack:* CEO Sumit Gupta announced the security breach that affected an internal operational account.
- *Security of User Funds:* He assured that user funds are still safe in cold wallets.
- *Precautionary Measures:* CoinDCX's Web3 has been temporarily halted, while withdrawals of Indian Rupees continue to operate normally.
*Future Measures:*
- *Investigation:* The CoinDCX team is working with cybersecurity experts to fix the issue and recover the funds.
- *Transparency:* The CEO promised to keep the community updated on developments.
- *Security Improvements:* Launching a bug bounty program to enhance security.