Crypto Exchange coindcx suffers hacking attack, more than Rs 360 crore loss, bitcoin

Hackers have dent in the system of Coindcx included in the country’s big crypto exchanges. In this hacking, Coindcx has lost about $ 4.4 million (about Rs 368 crore). This hacking took place on Saturday and targeted one of the International Operational Accounts in the Exchange.

However, Coindcx has assured its users that their funds are completely safe. This Crypto Exchange has clarified that this account was used for liquidity -related operations on a partner exchange and no assets of the customer were stored in it. One on social media platform x Post In coindcx co-founder, Sumit Gupta reported that a complex server has been attacked on this account. He said that this loss will be completely covered with the company’s Treasury Reserve. This is sufficient to lift the reserve loss. This exchange says that this case of hacking is being taken very seriously and the security of its system will be increased.

After this hacking, CoindcX temporarily closed its web3 trading platform as vigilance. Gupta has also advised the exchange users not to hurry. He said, “Don’t sell your assets in a hurry.” He warned that doing so could harm users. Coindcx’s internal security team is working with the International Cybercharity Partners to investigate this hacking. Along with this, efforts are also being made to track stolen funds. Last year, in the system of another major crypto exchange Wazirx of the country, hackers had stolen cryptocurrency worth more than $ 23 million.

Crypto’s segment has increased rapidly over the years. Along with this, hacking and scam cases have also increased in this segment. Earlier this year, hackers stole a cryptocurrency of about $ 1.5 billion by making a dent in the system of International Crypto Exchange bybit. It had a major impact on the crypto market including the most popular cryptocurrency Bitcoin. It was described as the biggest theft of cryptocurrency.