The Indian Cryptocurrency Exchange Coindcx was hacked on Friday, showing $ 44 million to the exchange.
Hackers compromised one of the internal accounts of coindcx used for “liquidity provisions” with another exchange via server breech.
No user funds were affected due to exploitation, According Coindcx CEO Sumit Gupta. The CEO also said that all customer funds are safe and written:
“This phenomenon was quickly contained by separating the affected operating account. Since our operating accounts are separated from the customer wallet, the exposure is limited to this specific account only and by us, being completely absorbed from our own treasury reserves.”
“The attacker’s address was funded with a tornado cash from 1 ether (ath) and later bridged a portion of the stolen fund from Solania to Atherium,” Onchen Sleith ZachuxBT Said,
Cointelegraph reached coindcx for comment, but was unable to receive a response by the time of publication.
Analyst infinite hedge noted That popular Indian Exchange Wazirx was hacked for $ 235 million on this exact date, a year ago – the crypto industry and investors constantly remind them of cyber security threats.
Connected: Crypto’s disadvantage hit $ 2.5B in the first half of 2025, but hack falls into Q2: Certificate
Other Crypto exchanges that were victims of hackers in the last month
The Iranian Exchange Nobitex was hacked for $ 100 million on 18 June, which was called “Gonzeshke Darande” in a politically inspired attack by the pro -Israel hacker group.
After stealing $ 100 million in the initial hack, the group leaked the source code for the exchange online, further revealing users of the Crypto platform.
https://www.youtube.com/watch?v=NDV0RFEHETQ
GMX V1, a version of the GMX Protocol Perpatual Exchange working on the intermediary blockchain network, faced a cyber security exploitation on 9 July, with the hacker away with $ 40 million.
However, the hacker returned the stolen funds after several days, accepting a white cap bounty of $ 5 million in instead of $ 40 million in Crypto.
The decentralized finance (DEFI) platform Arcadia Finance was a target of a smart contract exploitation on Tuesday, increasing the drought crypto by a dangerous actor by $ 3.5 million.
magazine: Outrage as $ 1.8b ‘DGCX’ Crypto Scam Ringalder Mox suffered: Asia Express
