šØĀ Breaking: CoinDCX Breach Shocks Crypto Community
Indiaās leading crypto exchange,Ā CoinDCX, has confirmed a major internal hackā$44āÆmillion stolenĀ from one of its operational wallets š±. Fortunately, customer funds wereĀ notĀ affected, as the stolen assets came entirely from the companyās treasury
This is a defining moment for Indiaās crypto sectorāwhile CoinDCX has launched anĀ $11āÆmillion bountyĀ to recover the funds, the incident reopens a global conversation on exchange security and regulations.
š With crypto thefts toppingĀ $2.17āÆbillion 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-wonāand this latest hack underscores the urgent need for global standards and fortified infrastructure š.
š¬ What are your thoughts? Will this push India toward stricter crypto regulations? Drop a comment below! š