đ¨Â Breaking: CoinDCX Breach Shocks Crypto Community
Indiaâs leading crypto exchange, CoinDCX, has confirmed a major internal hackâ$44âŻmillion stolen from one of its operational wallets đą. Fortunately, customer funds were not affected, as the stolen assets came entirely from the companyâs treasury
This is a defining moment for Indiaâs crypto sectorâwhile CoinDCX has launched an $11âŻmillion bounty to recover the funds, the incident reopens a global conversation on exchange security and regulations.
đ With crypto thefts topping $2.17âŻbillion in H1 2025, this breach is a stark reminder: robust security measures are non-negotiable.
That said, kudos to CoinDCX for swift action and transparency. But trust is hard-wonâand this latest hack underscores the urgent need for global standards and fortified infrastructure đ.
đŹ What are your thoughts? Will this push India toward stricter crypto regulations? Drop a comment below! đ