Archive · 20 Jul 2025

CoinDCX Suffers $44 Million Security Breach; Customer Funds Safe

CoinDCX Suffers $44 Million Security Breach; Customer Funds Safe

CoinDCX, a crypto exchange, got hacked and lost about $44 million.

But don't worry, your money is safe!

The hackers got into a special account used for certain operations, not the accounts where customers keep their money.

CoinDCX is using its own money to cover the loss.

They're working hard with security experts to fix things and find out what happened.

They want to make sure everything is safe for everyone, and that's why the company announced the incident on social media.

CoinDCX is also trying to help find vulnerabilities by starting a 'bug bounty' program where they can pay ethical hackers.

In the meantime, the exchange is still working as usual.

Sources