India, July 19 -- CoinDCX was hit by a major cyberattack earlier today, which saw hackers stealing assets worth $44 Mn (nearly INR 380 Cr) from the crypto exchange's internal operational account.

"The total amount lost was ~$44Mn out of our treasury assets. CoinDCX Treasury will be bearing these losses. Our first and foremost objective throughout the day has been to first secure assets," said CoinDCX cofounder Neeraj Khandelwal in an X post.

Meanwhile, cofounder and CEO Sumit Gupta said that one of the platform's "internal operational accounts", which was used only for liquidity provisioning on a partner exchange, was compromised due to a "sophisticated" server breach.

Gupta added that the cyber attack was quickly contained by isolatin...