Indian exchange CoinDCX suffered a $44.20 million attack, officials say it will be fully covered by its own treasury reserves.

According to on-chain investigator ZachXBT, the Indian centralized exchange CoinDCX is suspected of being attacked, with losses of approximately $44.20 million, which has not yet been disclosed to the public. The attacker's address initially received 1 $ETH through Tornado Cash to initiate the operation and cross-chained some of the stolen assets from Solana to Ethereum. The affected CoinDCX hot wallet has not been publicly marked or included in the current proof of reserves, and needs to be manually attributed through counterparty analysis. [Foresight News]