CoinDCX admits losses after deposit-sweeping process for old wallets failed
Crypto exchange CoinDCX said it absorbed operational losses after its process for securing deposits sent to compromised wallet addresses failed for a period. The company did not disclose the amount lost but said all affected users' deposits were credited and active wallets and customer assets remain safe.
- Failure in the deposit-sweeping process for old addresses caused operational losses
- CoinDCX did not disclose the loss amount or how long the process failed
- All affected users' deposits were credited; active wallets unaffected
- The exchange lost around $44 Mn in a July 2025 cyberattack
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