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Indian crypto exchange CoinDCX gets reportedly hacked for $44M
The Indian centralized exchange CoinDCX has reportedly been drained for nearly $44.2 million almost 17 hours ago, the on-chain sleuth ZachXBT claimed on July 19. The attacker address was funded with 1 Ethereum from Tornado Cash and later bridged a portion of the stolen funds from Solana to Ethereum, the sleuth said. Tornado Cash is a non-custodial cryptocurrency mixer. "The affected CoinDCX hot wallet is not publicly tagged or in current proof of reserves so I had to manually attribute it via reviewing counterparties," ZachXBT added. They also identified the theft address on their Telegram channel, ... (full story)