CoinDCX hit by Rs 378 crore crypto hack, says customer funds safe and loss will be absorbed

Indian cryptocurrency exchange CoinDCX has suffered a security breach, resulting in theft of USD 44.2 million, or Rs 378 crore, even as the founders took to X to reassure that customer funds remained unaffected and safe, with the compromise limited to an internal operational account.

The total exposure is being absorbed entirely by CoinDCX, using the company’s treasury reserves, the company said in a First Incident Report released on Sunday.

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