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An internal portfolio compromise led to a transverse hacking of $ 44.2 million for the Indian Crypto Exchange Coindcx. The CEO confirmed that user funds were safe and all trading activities have remained fully operational.
One of the greatest exchanges in crypto in India, Coindcx, has lost $ 44 million in a significant hack.
Piracy occurred in the first hours of Saturday in India and came after the feat of $ 230 million that shot down the Wazirx of the Indian Wazirx almost exactly a year ago.
Well -known zachxbt blockchain was the first to identify the hack via a post on Telegram.
“It looks like Centralized Exchange ‘Coindcx’ India was probably drained for around $ 44.2 million nearly 5 p.m. and has not yet disclosed the community incident“.
A few minutes after the investigator’s position, CEO of Coindcx, Sumit Guptaconfirmed the incident in a Publish.
“Today, one of our internal operational accounts – used only for liquidity supply on an exchange of partners – has been compromised due to a violation of sophisticated server. I confirm that the coindcx portfolios used to store customer assets are not affected and are completely safe. ”
He added,
“No customer fund has been affected. Your assets are completely safe and protected in our secure cold portfolio infrastructure. All trading activities and INR withdrawals are fully operational. ”
Source: Zachxbt
The hack was revealed after the Safety Company of the Cyvers Blockchain reported the stolen crypto due to the suspicious transactions. Zachxbt manually identified the portfolio assigned as belonging to Coindcx. He wrote,
“The attacker’s address was funded with 1 ETH of Tornado Cash and then led part of the stolen funds from Solana to Ethereum.”
Crypto pirates have been active in recent weeks
Wednesday, June 18, the exchange of Iranian crypto Nobitex was hacked. The attack was a political motivation made by the pro-Israeli pirate group called “Gonjeshke Darande”.
Ambcrypto said the hack was worth $ 81 million and that the vanity addresses were used to taunt and exploit the vulnerabilities of the platform.
Another exchange operating on the arbitrum blockchain called GMX V1 underwent a feat on July 9.
GMX V1, a version of the GMX protocol, has been used for a vulnerability of reversalAnd the pirate captured $ 42 million.
Several days later, the pirate accepted a 5 million dollars white hat bonus and made $ 40 million from stolen funds.
A Bitcoin Defi platform on the Stack Blockchain, the Alex protocol, saw a Loss of $ 8.3 million In a hacking on June 6. It is one of the biggest hacks of Stacks blockchains to date.
The Alex Lab Foundation is committed to fully repaying the affected users using its cash reserves.
