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CoinDCX Discloses $15.99 Million Loss After Previously Denying Hack Reports
Indian cryptocurrency exchange CoinDCX has confirmed a loss of 15.99 million USDT following a cyberattack on October 21. The incident affected legacy wallet infrastructure that was compromised during a July 2025 attack, which caused losses of $44 million. CoinDCX said it would absorb the financial impact, with no effect on customer balances or exch...
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CoinDCX Dismisses Second Breach Claims as Blockchain Investigators Examine Wallet Transfers
CoinDCX has denied claims of a fresh security breach after researchers flagged cryptocurrency transfers worth approximately $16 million involving wallets associated with the Indian exchange. The company attributed the activity to addresses compromised in its July 2025 breach and said customer funds remained safe. However, ZachXBT disputed the expla...
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Court Drops Fraud Case Against CoinDCX Founders, Says No Evidence Found
A Thane court has ruled that there is no case against CoinDCX co-founders in an impersonation-linked fraud. The court found no evidence connecting them to the alleged scam, which was carried out by individuals posing as the founders. The decision offers relief to the company while highlighting risks of impersonation in the crypto sector.
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Two Co-Founders of Crypto Exchange CoinDCX Held on Charges of Fraud
CoinDCX founders Sumit Gupta and Neeraj Khandelwal have been arrested by Thane police for allegedly being involved in a ₹71.6‑lakh fraud. Officials say the case links them to cheating through the crypto platform. However, the company claims the FIR is false and says impersonators pretended to be its founders to fool the public and create a cons...
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CoinDCX Co-Founders Arrested In Rs 72-Lakh Crypto Fraud Case; Company Calls FIR 'False'
An insurance advisor from Mumbra has lodged a complaint against the duo for making fake promises.
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Hackers Steal Rs 380 Crore In Cryptocurrency From CoinDCX, Employee Arrested
Bengaluru police are investigating a massive cryptocurrency theft from leading crypto exchange CoinDCX after hackers allegedly siphoned off nearly $44 million (approximately Rs 384 crore) from the company's wallets.
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Crypto Platform CoinDCX Hacked, Nearly Rs 368 Crore Lost In Huge Security Breach
In a major security incident, CoinDCX, one of India's cryptocurrency exchanges, has confirmed a hacking attack that led to a loss of around $44 million (nearly Rs 368 crore).
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Bharat Web3 Association to Host Web3 Cybersecurity Workshop in Bengaluru on May 8
The Bharat Web3 Association has announced a cybersecurity workshop to be hosted in Bengaluru on May 8. Sridhar Govardhan, the chief information security officer (CISO) of CoinDCX has been invited to discuss the lessons that can be taken from recent breaches that dented the Web3 space. Other senior members from companies like CoinSwitch and Mudrex a...
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FIU-IND Reportedly Sets June 30 Deadline for Crypto Exchanges to Redo KYC Verification
The Financial Intelligence Unit of India (FIU-IND) has instructed all crypto exchanges to re-verify the KYC data of their users before June 30. The aim of this step is to maintain accurate details of crypto holders, while also identifying those flouting national crypto tax laws.
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ED Partners with CoinDCX for Custody Management of Seized Assets
The Enforcement Directorate (ED) has partnered with CoinDCX to manage the custody of crypto assets seized in ongoing investigations. CoinDCX will deploy a specialised team trained in advanced security protocols to assist the ED.
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CoinDCX Brings 'Bitcoin Chai Cafe' Crypto Literacy Campaign to Tea Stalls in Mumbai
CoinDCX's latest crypto awareness campaign, called 'Bitcoin Chai Cafe', has been launched in Mumbai. It aims to make crypto-related conversations common on traditional, small tea stalls – where office goers, students, and others from varied age groups gather for snacks and tea throughout the day.
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India’s Self Custodial Okto Wallet Acquires Licence in Ras Al Khaimah as Part of UAE Expansion
Okto, the self-custodial wallet by CoinDCX crypto exchange has secured a business licence in UAE’s Ras Al Khaimah (RAK). This marks a pivotal milestone in Okto’s plans for international expansion, starting with the UAE, the company said on August 27.
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CoinDCX’s Okto Wallet Announces Arbitrum Rewards Challenge Aiming to Incentivise Traders
Okto has announced the launch of a rewards initiative aimed at incentivising traders that are part of its community and ramping up user activities. In its official statement, Okto said it is presenting this opportunity for traders to earn rewards to provide exceptional trading opportunities to its users.
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CoinDCX Announces Rs. 50 Crore Investor Protection Fund Following WazirX Hack
CoinDCX crypto exchange has launched a crypto investor protection fund (CIPF) worth Rs. 50 crores. Announcing the CIPF, CoinDCX co-founder Sumit Gupta said that this dedicated fund will provide an additional layer of protection, ensuring that our customers' assets remain secure.
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Analysing WazirX’s Controversial Approach to Mitigating Financial Impact of Wallet Hack
WazirX has planned a strategy aiming to build back its business after the recent hack. As part of this plan, the exchange has decided to distribute the impact of this loss ‘equitably’ among all of its users – regardless of whether or not their funds were directly impacted by this hack. The development has stirred controversy in India’s cryp...
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CoinDCX Discloses $15.99 Million Loss After Previously Denying Hack Reports
Indian cryptocurrency exchange CoinDCX has confirmed a loss of 15.99 million USDT following a cyberattack on October 21. The incident affected legacy wallet infrastructure that was compromised during a July 2025 attack, which caused losses of $44 million. CoinDCX said it would absorb the financial impact, with no effect on customer balances or exch...
-
CoinDCX Dismisses Second Breach Claims as Blockchain Investigators Examine Wallet Transfers
CoinDCX has denied claims of a fresh security breach after researchers flagged cryptocurrency transfers worth approximately $16 million involving wallets associated with the Indian exchange. The company attributed the activity to addresses compromised in its July 2025 breach and said customer funds remained safe. However, ZachXBT disputed the expla...
-
Court Drops Fraud Case Against CoinDCX Founders, Says No Evidence Found
A Thane court has ruled that there is no case against CoinDCX co-founders in an impersonation-linked fraud. The court found no evidence connecting them to the alleged scam, which was carried out by individuals posing as the founders. The decision offers relief to the company while highlighting risks of impersonation in the crypto sector.
-
Two Co-Founders of Crypto Exchange CoinDCX Held on Charges of Fraud
CoinDCX founders Sumit Gupta and Neeraj Khandelwal have been arrested by Thane police for allegedly being involved in a ₹71.6‑lakh fraud. Officials say the case links them to cheating through the crypto platform. However, the company claims the FIR is false and says impersonators pretended to be its founders to fool the public and create a cons...
-
CoinDCX Co-Founders Arrested In Rs 72-Lakh Crypto Fraud Case; Company Calls FIR 'False'
An insurance advisor from Mumbra has lodged a complaint against the duo for making fake promises.
-
Hackers Steal Rs 380 Crore In Cryptocurrency From CoinDCX, Employee Arrested
Bengaluru police are investigating a massive cryptocurrency theft from leading crypto exchange CoinDCX after hackers allegedly siphoned off nearly $44 million (approximately Rs 384 crore) from the company's wallets.
-
Crypto Platform CoinDCX Hacked, Nearly Rs 368 Crore Lost In Huge Security Breach
In a major security incident, CoinDCX, one of India's cryptocurrency exchanges, has confirmed a hacking attack that led to a loss of around $44 million (nearly Rs 368 crore).
-
Bharat Web3 Association to Host Web3 Cybersecurity Workshop in Bengaluru on May 8
The Bharat Web3 Association has announced a cybersecurity workshop to be hosted in Bengaluru on May 8. Sridhar Govardhan, the chief information security officer (CISO) of CoinDCX has been invited to discuss the lessons that can be taken from recent breaches that dented the Web3 space. Other senior members from companies like CoinSwitch and Mudrex a...
-
FIU-IND Reportedly Sets June 30 Deadline for Crypto Exchanges to Redo KYC Verification
The Financial Intelligence Unit of India (FIU-IND) has instructed all crypto exchanges to re-verify the KYC data of their users before June 30. The aim of this step is to maintain accurate details of crypto holders, while also identifying those flouting national crypto tax laws.
-
ED Partners with CoinDCX for Custody Management of Seized Assets
The Enforcement Directorate (ED) has partnered with CoinDCX to manage the custody of crypto assets seized in ongoing investigations. CoinDCX will deploy a specialised team trained in advanced security protocols to assist the ED.
-
CoinDCX Brings 'Bitcoin Chai Cafe' Crypto Literacy Campaign to Tea Stalls in Mumbai
CoinDCX's latest crypto awareness campaign, called 'Bitcoin Chai Cafe', has been launched in Mumbai. It aims to make crypto-related conversations common on traditional, small tea stalls – where office goers, students, and others from varied age groups gather for snacks and tea throughout the day.
-
India’s Self Custodial Okto Wallet Acquires Licence in Ras Al Khaimah as Part of UAE Expansion
Okto, the self-custodial wallet by CoinDCX crypto exchange has secured a business licence in UAE’s Ras Al Khaimah (RAK). This marks a pivotal milestone in Okto’s plans for international expansion, starting with the UAE, the company said on August 27.
-
CoinDCX’s Okto Wallet Announces Arbitrum Rewards Challenge Aiming to Incentivise Traders
Okto has announced the launch of a rewards initiative aimed at incentivising traders that are part of its community and ramping up user activities. In its official statement, Okto said it is presenting this opportunity for traders to earn rewards to provide exceptional trading opportunities to its users.
-
CoinDCX Announces Rs. 50 Crore Investor Protection Fund Following WazirX Hack
CoinDCX crypto exchange has launched a crypto investor protection fund (CIPF) worth Rs. 50 crores. Announcing the CIPF, CoinDCX co-founder Sumit Gupta said that this dedicated fund will provide an additional layer of protection, ensuring that our customers' assets remain secure.
-
Analysing WazirX’s Controversial Approach to Mitigating Financial Impact of Wallet Hack
WazirX has planned a strategy aiming to build back its business after the recent hack. As part of this plan, the exchange has decided to distribute the impact of this loss ‘equitably’ among all of its users – regardless of whether or not their funds were directly impacted by this hack. The development has stirred controversy in India’s cryp...
