India's largest crypto exchange, CoinDCX, denies its active wallets were hacked after blockchain investigators flagged about $16 million in suspicious outflows from addresses linked to it. The exchange says the transactions involved old addresses created in January 2025 that were compromised in a July 2025 hack and have not been used since. However, investigator ZachXBT says address TQKJQ was used by a liquidity provider for 10 months after that incident, sweeping user deposits and sending them to CoinDCX's current hot wallet as recently as April and May 2026. CoinDCX acknowledged that a temporary failure in moving deposits from retired addresses caused operational losses, which it absorbed by crediting all affected users. It says customer assets are held in cold wallets and its current addresses were not affected.
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BTC/USDT
• NeutralBitcoin
Relevance: low
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Layer 1 |
| Market cap | $1.6T |
| Close on 10/22/2026 | 81,416.09 |
| Change that session | -3.18% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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