Post
Topic
Board Nigeria (Naija)
Re: CoinDCX hit by criminals
by
Perfectbaby
on 22/07/2025, 17:40:22 UTC
You may or may not have your cryptocurrency on CoinCDX but news like this should call to your attention that you exchanges are still in dangers and as in this case the exchange are absorbing the whole loss but in other cases their clients could bare some loss.
If the amount stolen is huge, probably the exchange may close down like what happened to WazirX, although the CoinCDX might later reopened. What I read last about the exchange (WazirX) was that their users can only be able to get 80% of their coins back. I have not read any news that the exchange has reopened or give their users back their money.

The exchange (CoinCDX) was hacked on the 18th of this month and it was reported on the 19th of this month that it was hacked. It got to the general board on this forum on the 20th of this month.
Yeah I wanted to say that I have came across this news but can entirely recall where I had came across the news. For sure it could be that it was shared on the general board than here, but it's good to also share here as well so that the information could be transferred to the local roots of the forum since not all everyone who read widely across all board.