Crypto thefts exceed $142 million in July, with CoinDCX facing the biggest losses
In July, at least $142 million was siphoned off in 17 different attacks within the crypto space. This marks a 27% increase in monthly losses compared to June, which had recorded $111 million in losses, as reported by blockchain security company Peckshield. Yet, this figure is still significantly lower—46% down, in fact—from the $266 million […]
Indian cryptocurrency exchange CoinDCX breached, $44 million stolen
CoindCX Hacked, Loses $44 Million On Friday, India’s cryptocurrency exchange, CoindCX, experienced a significant security breach, resulting in a loss of $44 million. The hack was carried out by violating one of CoindCX’s internal accounts connected to “liquidity regulations” through a server compromise. Fortunately, user funds remained untouched, as stated by CoindCX CEO Sumit Gupta. […]