๐ฅ $44M Stolen from CoinX โ But User Wallets Are Safe! ๐๐ซ
On July 19, hackers drained $44M from CoinXโs internal hot walletโno customer funds touched as they were stored in cold wallets โ๏ธ.
๐ Blockchain sleuth ZachXBT flagged it 17 hours before CoinX did, raising transparency concerns.
๐ก๏ธ CoinXโs Response:
Covering full loss from treasury ๐ผ
Launched $11M bounty for recovery ๐งโ๐ป
INR withdrawals & trading still active โ๏ธ
โ ๏ธ Indiaโs 2nd-largest crypto hack highlights urgent need for infra security upgrades and stricter regulations ๐
๐ฌ Can bounty hunters help recover stolen funds?
๐ Drop your thoughts!
#CoinX #CryptoHack #BinanceSquare #Web3 #Security #ZachXBT #ColdWallet