CoinDCX Hack News: Indian Crypto Exchange CoinDCX Suffers $44M Hack

Indian cryptocurrency exchange CoinDCX has suffered a $44 million security breach on Friday, after hackers managed to compromise an internal account used for liquidity operations with an unnamed partner exchange. The platform’s co-founder and CEO Sumit Gupta disclosed the exploit on Saturday, describing it as a “sophisticated server breach.” The disclosure of the breach came only after popular blockchain sleuth ZachXBT revealed the breach on his Telegram channel. While the attack affected an operational wallet, Gupta said that customer assets were untouched and remain securely stored in cold wallets. "The...