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Cryptocurrency exchange CoinDCX was hit by a cyberattack early Saturday, resulting in a loss of $44 million. Cofounders Neeraj Khandelwal and Sumit Gupta confirmed the breach in separate posts, assuring that customer assets remain safe. The loss will be covered by the company’s treasury.
The incident adds to a growing list of major crypto hacks over the last year.
According to blockchain analytics firm Chainalysis, cyberattacks on crypto platforms have already led to $2.2 billion in losses in 2024 alone, marking the fourth consecutive year where the…
