CoinDCX's internal operational account was breached, resulting in a loss of approximately $44.2 million in crypto. The breached account, dedicated to liquidity provisioning, did not impact customer funds, which remain secure. The incident was rapidly contained, and the stolen assets included 4,443 Ethereum and 155,830 Solana. CoinDCX is collaborating with CERT-In and partner exchanges to investigate the breach and implement asset recovery strategies, while ensuring that customer wallets are safeguarded from exposure.
CoinDCX confirmed a recent security breach compromised an internal operational account, leading to the theft of about $44.2 million in crypto assets.
The compromised account was solely for liquidity provisioning on a partner exchange, and customer funds remain secure following the incident.
The stolen funds were traced to 4,443 Ethereum and 155,830 Solana, which continue to remain dormant.
CoinDCX co-founder Sumit Gupta indicated that the company is collaborating with CERT-In and other exchanges for investigation and asset recovery.
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