Archive · 4 Aug 2025

CoinDCX Achieved Highest Volumes Despite July Hack

CoinDCX Achieved Highest Volumes Despite July Hack

A cryptocurrency exchange called CoinDCX was hacked in July, losing a lot of money.

Surprisingly, they still made the most money and had the most trading activity that month.

People took their money out briefly after the hack, but then put most of it back in.

The company is using its own money to cover the loss, so they don't need to ask for more money right now.

CoinDCX's leader also said that India needs to start making rules for digital money like stablecoins.

This is because the US is making its own rules to help its money, and India needs a plan too.

Sources