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ZachXBT: Indian crypto exchange CoinDCX is suspected of being attacked, with losses of approximately $44.20 million

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BlockBeats
493Words
Jul 19, 2025

On July 20, ZachXBT posted on his personal channel stating, "It appears that the centralized Indian exchange CoinDCX may have been hacked approximately 17 hours ago, with losses of around $44.20 million, but has not yet disclosed the incident to the community. The attacker's address initially received 1 $ETH through Tornado Cash as seed money, and subsequently cross-chain transferred some of the stolen funds from Solana to Ethereum. Thanks to @Cyvers for alerting me to these unusual transfers. The affected CoinDCX hot wallet was not publicly marked or included in the current proof of reserves, so I could only manually identify the attribution by reviewing the counterparty address. The theft addresses are as follows: 6peRRbTz28xofaJPJzEkxnpcpR5xhYsQcmJHQFdP22n 3btch8cSVp3Uh2SiY9DeiRNYUBmFiBNHZQzDyecJs7Gu 0xEF0c5b9E0E9643937D75C229648158584A8CD8D2" [BlockBeats]

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