CoinDCX Discloses $15.99 Million Loss After Previously Denying Hack Reports

Indian cryptocurrency exchange CoinDCX has confirmed a loss of $15.99 million USDT following a cyberattack on October 21. The incident affected legacy wallet infrastructure that was compromised during a July 2025 attack, which caused losses of $44 million. CoinDCX said it would absorb the financial impact, with no effect on customer balances or exchange operations.