CoinDCX Denies Fresh Hack Following $16M Outflow From Retired Addresses

AI disclosure: drafted by Basis Desk's AI newsroom and machine-checked against the primary sources listed below — how we use AI. Originally published on Basis Desk. The Indian exchange attributed the movements to addresses compromised in July 2025, absorbing operational losses from sweeping errors. CoinDCX denied an active system compromise after analysts flagged approximately $16 million in USDT and TRX outflows. The exchange attributed the movements to old deposit addresses previously breached