India’s CoinDCX May Have Lost $16 Million to Hack, Reports

CoinDCX faces a suspected $16 million hack, compounding concerns after a $44 million breach in 2025. Here's why it matters. CoinDCX, one of India’s largest cryptocurrency exchanges, may have experienced a significant security breach, according to reports from on-chain investigator Darcy. On October 21, around 15.99 million USDT and 5,784 TRX were allegedly transferred from CoinDCX’s hot wallets to a single TRON address. This incident follows a prior breach in July 2025, where the exchange lost approximately $44 million, raising major concerns about its security protocols. For more details, see the report from WuBlockchain .