Topic Archive

#CoinDCX

5 Stories Found

Coins•Oct 30, 2026

India’s Largest Crypto Exchange Curbs Futures Trading Following Binance Hack

Key Highlights: CoinDCX, India’s largest cryptocurrency exchange, placed its futures market in “reduce-only” mode following a security incident at Binance. Traders are temporarily barred from opening new positions or expanding existing ones, though open orders execute and deposits and withdrawals remain operational. The Indian exchange confirmed to CoinDesk that Binance serves as the impacted global ...

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Coins•Oct 26, 2026

India’s Largest Crypto Exchange Absorbs $16M Loss After Retired Wallet Process Failure

Key Highlights Indian crypto exchange CoinDCX absorbed a $15.99 million USDT loss linked to an outdated, deprecated operational wallet infrastructure. The issue arose after users continued sending deposits to legacy addresses retired following a security incident reported on July 19, 2025, triggering an automated sweeping failure. CoinDCX confirmed that all customer crypto balances remain fully ...

4 min readRead

Coins•Oct 25, 2026

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

Key Highlights CoinDCX confirmed a loss of 15.99 million USDT linked to old, deprecated operational wallet infrastructure with previously undetected vulnerabilities. An automated sweeping mechanism failed to move incoming user funds into current secure storage, allowing user deposits to gather in the obsolete wallet. CoinDCX absorbed the entire loss, affirming that customer accounts, live trading ...

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Coins•Oct 23, 2026

India’s Largest Exchange Denies Hack Following $16 Million in Suspicious Outflows

Key Highlights: Suspicious on-chain outflows from CoinDCX sparked theft allegations after millions in USDT, including a single transfer of 15,819,002 $USDT, were consolidated into a Tron address. CoinDCX CEO Sumit Gupta dismissed the incident as a “false alarm,” stating that attackers from a prior $44 million July 2025 exploit are reusing abandoned exchange addresses. Independent ...

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Coins•Oct 22, 2026

CoinDCX Rejects Hack Claims Following Reported $16 Million USDT Transfers

Key Highlights: Stolen cryptocurrency linked to a past CoinDCX security breach has moved through multiple intermediary wallets to major exchanges including Binance, OKX, and Gate. CoinDCX clarified that the flagged addresses were created in January 2025 and compromised in July 2025, dismissing recent claims circulating on X as misleading. The exchange affirmed that customer assets ...

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