CoinDCX, India's largest crypto exchange, absorbs a $16 million loss from an internal process failure linked to a retired wallet.
The exchange initially dismissed suspicious outflow reports as a false alarm before confirming the loss.
Customer balances remain unaffected, but the incident raises questions about legacy wallet security at major exchanges.
#CoinDCX #India
The exchange initially dismissed suspicious outflow reports as a false alarm before confirming the loss.
Customer balances remain unaffected, but the incident raises questions about legacy wallet security at major exchanges.
#CoinDCX #India
