#Coin Dcx crypto Hacked

* Nature of the Breach and Affected Funds: The CoinDCX security incident involved a sophisticated server breach that compromised an internal operational account, specifically one used for liquidity provisioning on a partner exchange, resulting in a loss of approximately $44 million from CoinDCX's own treasury reserves and critically, no direct impact on customer funds, which remain segregated and secured in cold storage.

* CoinDCX's Immediate Response and Damage Control: Upon detecting the unauthorized access, CoinDCX promptly contained the incident by isolating the affected operational account, preventing further spread of the attack, and assuring its user base that all their assets remained entirely safe and fully accessible, demonstrating their commitment to robust security protocols.

* Investigation and Recovery Efforts: CoinDCX has initiated a thorough forensic probe in collaboration with globally reputed cybersecurity agencies and law enforcement, actively tracing the stolen funds, which were routed through multiple wallets via cross-chain bridges like Wormhole and swap aggregators such as Jupiter, with a significant portion now held in Solana and Ethereum wallets, further complicated by the use of privacy tools like Tornado Cash.

* Impact on Users and Platform Operations: Despite the substantial financial loss to CoinDCX's treasury, the company emphatically stated that customer funds were unaffected, maintaining full operational status for trading, INR deposits, and withdrawals, though some users experienced temporary unresponsiveness in portfolio APIs due to a surge in withdrawal requests, highlighting market anxiety.