CoinDCX Confirms $16 Million Loss Due to Failed Fund Aggregation, Says Active Users' Funds Are Safe
As reported by CoinDesk, Indian cryptocurrency exchange CoinDCX has confirmed a loss of $16 million. The incident occurred because its sweeping process failed to withdraw customer deposits from wallets compromised in a July 2025 hack. The exchange stated it would absorb the loss itself and confirmed that active users' funds remain secure.
