Indian crypto exchange CoinDCX denied a new security breach after analysts flagged about $16 million in transfers from wallets linked to the platform. The company said the wallets, created in January 2025, were compromised in July 2025 and have not been used since. Blockchain investigator ZachXBT disputed this, saying a CoinDCX deposit address stayed in use by a liquidity provider for 10 months after the hack, moving user deposits to the exchange's current hot wallet. CEO Sumit Gupta said the firm is investigating and assured that no user funds would be lost, noting that the exchange had been drained of $44 million in July 2025.
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Related tickers and likely impact
BTC/USDT
• NeutralBitcoin
Relevance: low
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Layer 1 |
| Market cap | $1.6T |
| Close on 10/21/2026 | 84,093.42 |
| Change that session | +1.28% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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