Indian crypto exchange CoinDCX confirms $44 million stolen during hack
In a startling revelation that has sent ripples across the Indian cryptocurrency market, CoinDCX, the nation's largest crypto exchange, has confirmed a significant security breach resulting in the theft of approximately $44 million worth of digital assets. This incident marks a critical moment for the burgeoning crypto industry in India, raising serious questions about security protocols and the safeguards in place to protect investors' funds. Indian Crypto Exchange CoinDCX Confirms $44 Million Stolen During Hack The announcement, released late yesterday, detailed the nature of the attack, indicating that unauthorized access was gained to several hot wallets controlled by the exchange. While the specifics of the vulnerability exploited remain undisclosed pending a comprehensive forensic investigation, early reports suggest a sophisticated attack vector, possibly involving compromised private keys or a zero-day exploit. The swiftness and scale of the operation point to a highl...