CoinDCX Suffers $44 Million Breach; Customer Funds Intact

CoinDCX Suffers $44 Million Breach; Customer Funds Intact

Indian cryptocurrency exchange CoinDCX fell victim to a sophisticated cybersecurity breach on Friday, resulting in a loss of approximately $44 million, CEO and co‑founder Sumit Gupta disclosed Saturday. Attackers exploited an internal “liquidity provision” account connected to another exchange, compromising its server infrastructure. Custodial wallets holding user assets remained unaffected. Gupta emphasized that all customer funds are secure...

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