CoinDCX loses nearly Rs 368 crore in major crypto breach; Here’s what the CEO said about its recovery

CoinDCX confirmed a Rs 368 crore loss after a breach of one of its internal wallets used for liquidity provisioning. The company stated no customer funds were impacted and promised to absorb the full loss from its own treasury. CEO Sumit Gupta assured that all services, including trading and withdrawals, remain unaffected. The stolen funds, moved through Tornado Cash, have triggered a broader discussion on exchange security. CoinDCX is working with cybersecurity experts and launching a bug bounty to prevent future incidents.