🚨 THE COINDCX INCIDENT EXPLAINED 🚨
Rumors have been flying about a massive "hack" at CoinDCX. Here is exactly what happened with the $15.99M movement:
1️⃣ The Glitch: It wasn’t a cyberattack. An automated system sweep failed, causing funds to get stuck within inactive wallet infrastructure linked to a past security event.
2️⃣ The Loss: The exchange suffered a $15.99M hit due to the automated system glitch, which they are fully absorbing.
3️⃣ User Safety: CoinDCX confirmed that all active systems, user balances, and funds remain 100% safe and unaffected.
A stark reminder of how complex internal exchange infrastructure can be.
#CanMicrosoftDeliverOnAI #CanGoogleDefindItsCore #FOMCWatch #OSMOPlansToBurn100MTokensFromCommunityPool
$BTC
$ETH
Rumors have been flying about a massive "hack" at CoinDCX. Here is exactly what happened with the $15.99M movement:
1️⃣ The Glitch: It wasn’t a cyberattack. An automated system sweep failed, causing funds to get stuck within inactive wallet infrastructure linked to a past security event.
2️⃣ The Loss: The exchange suffered a $15.99M hit due to the automated system glitch, which they are fully absorbing.
3️⃣ User Safety: CoinDCX confirmed that all active systems, user balances, and funds remain 100% safe and unaffected.
A stark reminder of how complex internal exchange infrastructure can be.
#CanMicrosoftDeliverOnAI #CanGoogleDefindItsCore #FOMCWatch #OSMOPlansToBurn100MTokensFromCommunityPool
$BTC
$ETH