How hackers stole $44M from CoinDCX without touching user wallets

A $44-million breach at CoinDCX has rocked India’s CoinDCX exchange, exposing silent vulnerabilities, delayed disclosures and the fragile infrastructure.

India’s largest crypto exchange, CoinDCX, fell victim to a sophisticated $44.2-million hack on July 19, 2025. 

Attackers managed to gain access to an operational wallet and drained it within minutes. Fortunately, the security architecture of CoinDCX meant all customer funds were kept completely safe.

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