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CoinDCX Loses $44.2M in Suspected Hack, Attacker Traced from Just 1 ETH

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CoinDCX, one of India’s biggest crypto exchanges, has reportedly lost around $44.2 million in a suspected hack about 17 hours ago. The attacker is said to have started with just 1 ETH from Tornado Cash and later moved some of the stolen funds from Solana to Ethereum.

Users note that CoinDCX has also taken down some trading pairs, canceled spot orders, and their Web3 wallet isn’t working either, leaving them with a lot of questions.

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