Crypto News Today
On July 19, 2025, the greater exchange of Indian cryptocurrency COINDCX undergone a violation of security with consequent theft of about $ 44.2 million in USDC and USDT. Despite the hack, the CEO Sumit GUPTA went to X on 22 July 2025 to say it “COINDCX It remains financially strong, fully operational and firmly engaged … Read more
COINDCX, an exchange of Indian cryptocurrencies leader, suffered a hack of $ 44.2 million on July 19, targeting an internal wallet. Customer funds remain safe, since the violation has not influenced the reserves. Cryptographic exchanges combine three cores Trading components: resolution, execution and custody. In traditional finance, these functions are separated, making exchanges such as … Read more
The Wazirx Hack, which has witnessed the reputable North Lazarus Group for $ 235 million of encryption exchange, in particular, affected the feelings of Indian encryption investors. After hacking, users moved to more reliable platforms. In an interview published on May 5, 2025, Sumit Gobta, CEO of CoINDCX, an exchange of encryption based in India, … Read more
“I hope cryptocurrencies get some mention in this Budget and some relaxation is given on taxation of cryptocurrencies,” said Sumit Gupta, CEO and co-founder of CoinDCX, one of India’s leading cryptocurrency exchanges, speaking to local media. Gupta stressed that India must not shy away from regulating cryptocurrencies, but rather take a leadership role in shaping … Read more