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CoinDCX's $16M Loss Sparks Concerns Over Security Breaches and Wallet Anomalies

Crypto News

CoinDCX's $16M Loss Sparks Concerns Over Security Breaches and Wallet Anomalies

CoinDCX’s $16 million loss revives uncomfortable memories of FTX and Celsius

CryptoSlate

CoinDCX’s $16 million loss revives uncomfortable memories of FTX and Celsius

CoinDCX confirmed a loss of roughly $16 million USDT three days after its CEO, Sumit Gupta, disputed reports of a new wallet breach, calling them a false alarm. It had acknowledged unspecified...

From $16M Wallet Drain to Phishing: CoinDCX’s Security Issues Draw Fresh Attention After Fake Notifications

The Crypto Times

From $16M Wallet Drain to Phishing: CoinDCX’s Security Issues Draw Fresh Attention After Fake Notifications

CoinDCX warns of a phishing campaign with fake emails and notifications, raising fresh questions about user data security days after its $16M loss admission.

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 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.

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