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Tag: lapse

Tech Policy and Regulation
Nana Muazin

Security Lapse at CoinDCX: The $16 Million Compromised Wallet Incident, Regulatory Blind Spots, and the Fragility of Crypto Infrastructure

New Delhi: In an incident that has once again cast a harsh light on the operational vulnerabilities plaguing the digital asset ecosystem, prominent cryptocurrency exchange CoinDCX has confirmed that a compromised wallet system siphoned off approximately $16 million (roughly 5,783.81 TRX alongside other assets) over an extended period beginning in October of the previous year. […]

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