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CoinDCX Faces $16 Million Loss Amid Hack Alerts and Internal Process Failures

Crypto News

CoinDCX Faces $16 Million Loss Amid Hack Alerts and Internal Process Failures

CoinDCX’s $16M Loss: Why 88 Inflows From One Wallet Raise Serious Questions

The Crypto Times

CoinDCX’s $16M Loss: Why 88 Inflows From One Wallet Raise Serious Questions

Nearly $16M on CoinDCX’s deprecated address came from one wallet in 88 transfers, raising fresh questions about the exchange’s sweep failure explanation.

CoinDCX admits $16M USDT loss days after CEO dismissed hack alerts

Cryptopolitan

CoinDCX admits $16M USDT loss days after CEO dismissed hack alerts

On October 25, 2026, CoinDCX confirmed that it lost 15.99 million USDT from retired wallets. Before that, on October 22, CEO Sumit Gupta had dismissed the breach warnings as just a possible "false...

India's largest crypto exchange absorbs $16 million loss from internal process failure tied to retired wallet

CoinDesk

India's largest crypto exchange absorbs $16 million loss from internal process failure tied to retired wallet

The Mumbai-based exchange initially dismissed reports of suspicious outflows as a false alarm. It now says it lost $16 million and will absorb the loss.

USDC's $4.69 billion loss makes up most of the stablecoin market's monthly decline

Cryptopolitan

USDC's $4.69 billion loss makes up most of the stablecoin market's monthly decline

USDC lost $4.69 billion in 30 days, about 80% of the net decline across 13 large stablecoins, as the market slid to $300.36 billion on October 25.

CoinDCX Admits $16M Loss Just Days After CEO Denied Fresh Wallet Breach

CryptoPotato

CoinDCX Admits $16M Loss Just Days After CEO Denied Fresh Wallet Breach

The exchange said the loss was absorbed by the company and customer funds remained unaffected.

CoinDCX Admits Deposit Sweep Failure After $16M USDT Drained From TRON Wallets

The Crypto Times

CoinDCX Admits Deposit Sweep Failure After $16M USDT Drained From TRON Wallets

CoinDCX admits a deposit sweep failure after $15.99 million in USDT was drained from TRON wallets, with Tether freezing $2.21 million.

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