CoinDCX Crypto Heist: Hackers Steal Assets Worth $44 Mn

Crypto exchange CoinDCX confirmed a security breach resulting in approximately $44 million being stolen from one of its internal operational accounts. The hack occurred early Saturday, but CoinDCX founders assured customers that their assets in wallets are safe, and the losses will be covered by the company's treasury reserves. The compromised account was used for liquidity provisioning on a partner exchange, and the company is working with cybersecurity partners to investigate and recover funds.