CoinDCX

Security Vulnerability

Estimated loss

$44.20M

VERDICT —UNRATED

Verdict pending. Auto-ingested incidents are reviewed before a public verdict is rendered.

▰ METHOD

Undisclosed

Root cause

Root-cause analysis not yet published. The incident description below contains all currently available signal — review the attack transaction directly for definitive forensics.

Forensic narrative

On July 19, on-chain investigator ZachXBT posted on his personal channel: “Looks like the India centralized exchange 'CoinDCX' was likely drained for ~$44.2M almost 17 hours ago and has yet to disclose the incident to the community.” Shortly afterward, the company confirmed the breach on X, describing it as a “sophisticated server breach” and stating that only corporate funds were affected. Attack method (per SlowMist): Security Vulnerability. Reported loss: $ 44,200,000.

Primary source

https://x.com/CoinDCX/status/1947625144379445682 ↗

Sourced from

slowmist

Technical record