New Delhi, July 20 -- On Saturday CoinDCX has become the latest major Indian crypto exchange to suffer a breach, with $44.2 million drained from an internal liquidity account. Such incidents highlight a persistent vulnerability in crypto infrastructure, despite platforms' repeated assurances of security.

What happened and how, and why are crypto platforms especially susceptible to breaches? Mint explains.

On 19 July, CoinDCX, India's second-largest crypto exchange, suffered a cyberattack that cost it $44.2-million. The breach occurred in an internal operational wallet used to provide liquidity on a partner exchange, and was flagged by ethical hacker ZachXBT and later confirmed by CoinDCX's CEO Sumit Gupta on X.

According to Gupta, no c...