Bengaluru, July 31 -- A sophisticated cyber-attack targeting Bengaluru's Neblio Technologies Private Limited - the company behind the crypto exchange CoinDCX - has exposed deep vulnerabilities in the digital asset space, casting a spotlight on the suspected involvement of international hacker syndicates linked to North Korea, according to The Times of India.

Authorities are now working through the fallout of what is being called the largest virtual currency heist the city has witnessed, with stolen assets amounting to an estimated 44 million dollars.

Security specialists and investigators said that after breaching the company's defences, the digital loot was funneled through six separate accounts before ultimately converging in a single...