Post
Topic
Board Marketplace
Re: Why The Many Hacks on Exchanges?
by
Charles-Tim
on 20/07/2025, 23:01:57 UTC
The attack was reported by an investigator 24 hours ago but the report is just coming up now, will this is another pointer to take your self custody seriously.


Because not your keys, not your coins.

Quote
Looks like the India centralized exchange 'CoinDCX' was likely drained for ~$44.2M almost 17 hours ago and has yet to disclose the incident to the community.

The attacker address was funded with 1 ETH from Tornado Cash and later bridged a portion of the stolen funds from Solana to Ethereum.

H/t Cyvers for flagging the withdrawals to me. The affected CoinDCX hot wallet is not publicly tagged or in current proof of reserves so I had to manually attribute it via reviewing counterparties.

Theft address
6peRRbTz28xofaJPJzEkxnpcpR5xhYsQcmJHQFdP22n
3btch8cSVp3Uh2SiY9DeiRNYUBmFiBNHZQzDyecJs7Gu
0xEF0c5b9E0E9643937D75C229648158584A8CD8D2
Above is the coin movement details and wallets by the hackers.


It is worth knowing that there is a report about it already on this forum since yesterday: https://bitcointalk.org/index.php?topic=5550951.msg65600612#msg65600612