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CoinDCX Discloses $15.99 Million Loss After Previously Denying Hack ReportsPhoto: Gadgets 360
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TECHGadgets 360 ยท 2 hours agoLive

CoinDCX Discloses $15.99 Million Loss After Previously Denying Hack Reports

Reported by Gadgets 360, not nibnow. We are not the publisher of this story, only the source is.

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WHAT HAPPENED

Indian cryptocurrency exchange CoinDCX has confirmed a loss of 15.99 million USDT following a cyberattack on October 21. The incident affected legacy wallet infrastructure that was compromised during a July 2025 attack, which caused losses of $44 million. CoinDCX said it would absorb the financial impact, with no effect on customer balances or exchange operations. The disclosure followed days of disagreement between the exchange and blockchain researchers over suspicious wallet transactions.

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