New Delhi, July 21 -- Cryptocurrency exchange CoinDCX has suffered a cyberattack in which $44 million was reportedly stolen from its internal accounts by hackers.
The money was lost from an account the company was using to manage liquidity on a partner platform and CoinDCX has said that the breach does not affect customer assets.
Also read: Crypto is booming again. Trump's return explains both the rise and the risk
While the investments of investors have been declared safe by the company, the incident spotlights the need for tighter systems-security.
Last year, WazirX, another crypto exchange, had lost $234 million in a cyber heist.
Such news can shake investor confidence, especially since the legal status of cryptocurrency in India ...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.