Unattributed: Security incident

CoinDCX confirmed a loss of roughly $16 million USDT three days after its CEO, Sumit Gupta, disputed reports of a new wallet breach, calling them a false alarm. It had acknowledged unspecified operational losses from a failed sweeping process on the afternoon of Oct. 22, so the reversal came in two steps, and the full… Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox

Evidence boundary

Confidence describes the coverage of the available evidence. It is not a safety rating and does not guarantee that a protocol or asset is safe.

Sources

• https://cryptoslate.com/coindcxs-16-million-loss-revives-uncomfortable-memories-of-ftx-and-celsius/

Record history

First seen: 2026-10-27T10:00:59.000Z. Last updated: 2026-10-27T14:53:06.282Z. Revision: 1.