Indian Crypto Exchange CoinDCX Faces $44 Million Security Breach
Indian cryptocurrency exchange CoinDCX reported a $44.2 million security breach today, July 21, 2025. The company confirmed that an internal operational account, used for providing liquidity to a partner exchange, was compromised due to a "sophisticated server breach."
However, CoinDCX founders quickly reassured users that customer funds were "completely safe" and unaffected by the incident. They stated that the company's treasury reserves would cover the entire loss, ensuring no financial impact on users. This incident highlights the ongoing security challenges in the crypto world.
