BTC $79,981.00 ▼ 0.79% ETH $2,316.83 ▼ 1.28% BNB $738.06 ▼ 0.82% XRP $1.28 ▼ 1.75% SOL $100.58 ▼ 1.02% TRX $0.3302 ▲ 0.40% FIGR_HELOC $1.06 ZEC $1,200.32 ▲ 0.30% HYPE $76.39 ▲ 0.33% DOGE $0.0767 ▼ 0.33% XMR $584.48 ▼ 3.64% WBT $77.00 ▼ 0.90% LINK $11.34 ▼ 0.46% LEO $9.04 ▼ 0.00%
50 Neutral
Hacks & Security Bearish

CoinDCX confirms a financial loss following old wallet security breach

CryptoVideos brief
Built from 2 sources 1 min read Main editor: Earl Jacobson
CoinDCX confirms a financial loss following old wallet security breach Image: Crypto.news
Image via Crypto.news.

Cryptocurrency exchange CoinDCX confirmed losing funds after attackers drained old wallets linked to a July 2025 security incident. CoinDCX initially rejected claims of a new security breach made by blockchain investigators. The exchange later admitted that a failed automated sweeping service left funds accumulating in retired wallet infrastructure. CoinDCX stated that it absorbed the financial loss and that customer balances and active trading systems remained unaffected.

Key points

  1. CoinDCX confirmed a financial loss after attackers drained old wallets linked to a previous security incident.
  2. The exchange initially rejected initial claims of a new breach made by blockchain investigators.
  3. A failed automated sweeping service allowed funds to accumulate in retired wallet infrastructure.
  4. CoinDCX stated that it absorbed the resulting loss entirely while customer balances remained unaffected.

Why it matters

Security vulnerabilities in legacy wallet infrastructure can lead to unexpected fund losses even after an exchange deploys new addresses.

What's unclear

How the attacker obtained the private keys for the compromised wallets remains unknown.

Sources · 2 publishers

Crypto.news Tier 2 First report
CoinDCX admits $15.99M loss days after denying hack claims
Coinpedia Tier 3
CoinDCX Hack News: Exchange Admits $16M Theft After Earlier Denials
Coinpedia Tier 3
CoinDCX Admits $16M Loss After ZachXBT Exposes Old Wallet Drain

Coverage timeline

  1. First reported by Crypto.news
  2. Also reported by Coinpedia
  3. CryptoVideos brief published
How this page is checked. AI drafted this brief from selected independent reports. Automated checks compare numbers, source coverage and topic terms, but may miss errors. Publication and evidence refreshes run automatically. Read the linked reports for context. Report an error

Related briefs

CoinDCX denies new hack as investigator disputes wallet explanation
Hacks & Security

CoinDCX denies new hack as investigator disputes wallet explanation

4 sources
Initia halts blockchain after attacker mints tokens and converts around $2.6 million
Hacks & Security

Initia halts blockchain after attacker mints tokens and converts around $2.6 million

6 sources
Tesla and SpaceX merger talks spark discussions on Bitcoin treasury holdings
Hacks & Security

Tesla and SpaceX merger talks spark discussions on Bitcoin treasury holdings

2 sources