Geo News
Community curated by people like you
LatestAICryptoHealthWorld AffairsUS Politics

Centralized exchange hack stories

Oct 23, 2026

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 sources
00

Top claims

  • ▪CoinDCX suffered a security incident in July 2025 resulting in the loss of approximately $44 million, which security firm Cyvers attributed to the Lazarus Group
  • ▪ZachXBT alleged that CoinDCX deposit address TQKJQ swept user deposits to CoinDCX's public hot wallet and received gas funding as recently as April and May 2026
  • ▪CoinDCX treasury funds covered the $44 million loss from the July 2025 security incident, which CEO Sumit Gupta attributed to social engineering

Subtopics

Blockchain analytics platforms1Centralized exchange security1Crypto exchanges1Crypto hacks1Crypto security1Exchange & custodial failures1Hot wallet compromise1

Related timelines

AI Data Center Gold Rush

111 stories

Congress

110 stories

Congress

110 stories

Crypto hacks

100 stories

Trump administration

160 stories