Hackers Steal Assets Worth $44 Mn

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SUMMARY

CEO Gupta said that an internal operational accounts, which was used only for liquidity provisioning on a partner exchange, was compromised due to a “sophisticated” server breach

The company is working with “leading cybersecurity partners” to probe the matter, patch vulnerabilities and trace the movement of funds

Gupta also clarified that no customer funds were impacted by the cyber attack, adding that all trading activity and INR withdrawals were fully operational

CoinDCX was hit by a major cyberattack…



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Hackers Steal Assets Worth $44 Mn


SUMMARY

CEO Gupta said that an internal operational accounts, which was used only for liquidity provisioning on a partner exchange, was compromised due to a “sophisticated” server breach

The company is working with “leading cybersecurity partners” to probe the matter, patch vulnerabilities and trace the movement of funds

Gupta also clarified that no customer funds were impacted by the cyber attack, adding that all trading activity and INR withdrawals were fully operational

CoinDCX was hit by a major cyberattack…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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