India's largest crypto exchange, CoinDCX, says it absorbed a loss of 15.99 million USDT (about $16 million) after an internal service failed to move customer deposits out of a retired wallet compromised in a 2025 security breach. The exchange initially dismissed reports of suspicious outflows as a false alarm, but later acknowledged that users kept sending funds to the deprecated addresses. CoinDCX said customer balances, active wallets and trading systems were unaffected, and admitted it could have disclosed the incident more quickly.
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BTC/USDT
• NeutralBitcoin
Relevance: low
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Layer 1 |
| Market cap | $1.6T |
| Close on 10/25/2026 | 80,154.09 |
| Change that session | -0.91% |
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