Quote from: Bitcoin Smith on July 19, 2025, 08:16:45 PM

Quote from: OmegaStarScream on July 19, 2025, 04:29:50 PM

This was just posted by the CEO:

Quote from: https://x.com/smtgpt/status/1946597988660645900

.....
Before I share further details on this, I would like to highlight that:
-No customer funds have been impacted
-Your assets remain completely safe and protected in our secure cold wallet infrastructure
-All trading activity and INR withdrawals are fully operational

It's good news that operations have not been affected, but this is definitely not an exchange I would recommened anyone to use. Making a statement about the hack 17 hours after the incident is not a good look.

I won't trust their statements anymore for two reasons,

1. They accepted the incident only after they were exposed which is clearly a red flag.
2. INR withdrawals are pending that's reported by many users from reddit community.

All I can hope is this doesn't turn out to be another one like Wazirx who can't operate anymore once the 230 million worth of funds wiped by Lazarus group.

Also they stated out here https://walletinvestor.com/magazine/coindcx-hack-exposes-44m-loss-as-ethereum-trail-emerges that they plan to have a bug bounty program soon.

If they are serious dealing with this issue they should act as fast as they can.

Many people got suspicious the way they handle the situation so hopefully they are not doing anything illegal out there and just use the hack reason so they can exit easily with those funds stolen on that exchange. As what other people said if I am the user of that exchange I will move my coins on top exchange and stop using CoimDCX while they are facing huge issue.