$44M Hack Hits Indian CoinDCX — What It Means for Shibarium Security

Summary: How did CoinDCX manage the $44 million hack without affecting user funds? CoinDCX quickly isolated the compromised operational wallet, which is separate from customer wallets. The exchange absorbed the loss from its own treasury reserves, keeping user funds safe. They are also working with cybersecurity experts to investigate and recover the stolen assets. CoinDCX, a centralized Indian crypto exchange, has reportedly suffered a hack, with an estimated $44 million drained due to a “sophisticated server breach source: https://news.shib.io/2025/07/21/44m-hack-hits-indian-coindcx-what-it-means-for-shibarium-security/