Cryptocurrency exchange coindcx hacked: The hackers compromised one of

The hackers compromised one of CoinDCX’s internal accounts used for “liquidity provisions” with another exchange through a server breach. No user funds were affected by the exploit, according to CoinDCX CEO Sumit Gupta. The CEO also said that all customer funds remain safe and wrote: New Delhi: Indian cryptocurrency exchange CoinDCX has suffered a security breach, resulting in theft of USD 44.2 million, or Rs 378 crore, even as the founders took to X to reassure that customer ... Crypto-exchange CoinDCX hacked: $44 million gone in a blink — Here’s all you need to know CoinDCX confirmed a $44 million security breach, but assured customers their assets are secure. The co ... MUMBAI – India’s largest cryptocurrency exchange, CoinDCX, fell victim to a major cyberattack on Friday (28/6), incurring losses totalling USD 44 million or approximately IDR 716 billion. According to CoinDCX CEO and Co-Founder Sumit Gupta, quoted by Cointelegraph on Monday (21/7), the perpetrator managed to compromise an internal account used for liquidity operations through what was described as a high-level server breach. “This incident was quickly contained by isolating the ...