Wire · operational-macro
Crypto exchange CoinDCX lost nearly $16 million in an attack on legacy wallets
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Fusion42 · 26 October 2026 · Fusion42 review
Indian crypto exchange CoinDCX lost nearly $16 million from an attack exploiting legacy wallet infrastructure compromised during a 2025 hack. The exchange covered the losses from its own funds and stated no customer assets were affected, while critics highlighted management failures in detecting and handling the incident.
This Wire brief sits within Fusion42's coverage of Crypto & Web3, and 2 sources have reported it between 25 Oct 2026 and 26 Oct 2026.
◆ ◆ The Wire takeaway
CoinDCX's loss exposes how outdated wallet systems can threaten platform security and user trust. You must urgently review your wallet infrastructure and customer communication to avoid similar costly blind spots.
◆ Coverage
2 sources · first reported 25 Oct 2026 · latest 26 Oct 2026
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