After $44 Million Crypto Theft, CoinDCX Says It's Financially Strong and Here to Stay

After $44 million crypto theft, CoinDCX says it's financially strong and here to stay

Co-founder Sumit Gupta said, "CoinDCX is more focused than ever on building India’s most trusted crypto company... We’re building stronger. We’re moving faster.

CoinDCX Offers Bounty After $44M Hack, User Funds Safe - CryptoShrypto

Indian cryptocurrency exchange CoinDCX has launched a recovery initiative after a $44 million security breach on Friday. The hack compromised internal accounts used for liquidity management, but the company confirmed that no customer funds were affected. CoinDCX co-founder and CEO Sumit Gupta announced the recovery effort on X, introducing a bounty program aimed at white hat hackers. The initiative promises up to 25% of any funds recovered to et…

CoinDCX CEO Counters $44.2M Hack Fears Revealing $136 Million in Annual Revenue

DCX Group had an annual revenue of ₹1,179 Cr (~$136 million) The group is backed by heavy-hitters like Bain Capital, Polychain, Jump Capital, Pantera, and others, having raised ₹2,144 Cr (~$248 million) in funding The CEO’s statement came after CoinDCX  was hacked for approx $44.2 million a few days ago In a detailed statement on X, Sumit Gupta, CEO of CoinDCX, addressed how the exchange remains financially strong despite a recent, major securit…

Crypto thefts top $2.17 billion in 2025

Crypto thefts in 2025 had already crossed $2.17 billion before last week’s $44 million CoinDCX hack, underlining relentless cyber threat escalation in the digital currency world, according to the latest…