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CoinDCX Acknowledges Wallet-Sweeping Losses After Denying New Breach

The DefiantView source article

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CoinDCX acknowledges wallet-sweeping losses after initially denying breach

Indian exchange CoinDCX confirmed losses from a failed deposit-sweeping process after blockchain analysts flagged $16 million in suspicious outflows. The exchange says affected deposits were credited but has not disclosed the size of losses.

Oct 23, 2026·3 sourcesCentralized exchange hackHot wallet compromiseCrypto hacksCrypto exchangesCentralized exchange securityBlockchain analytics platformsExchange & custodial failuresCrypto security
CoinDCX acknowledges wallet-sweeping losses after initially denying breach
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Other sources for this story

CoinDesk

CoinDCX denies hack, blames broken clean up job for $16 million outflow

CryptoSlate

Old wallet addresses trap CoinDCX users, triggering potential losses