CoinDCX announces' theft of approximately $44.2 million 'and subsequent announcement: losses will be borne by its own treasury reserves

According to BlockBeats, on July 20th, the Indian cryptocurrency trading platform CoinDCX released a follow-up announcement stating that the reason for the attack was that its internal operating account was hacked due to a server attack, and the CoinDCX wallet used to store customer assets was not affected. The related losses will be fully borne by CoinDCX's own treasury reserves. We are currently freezing and recovering assets, and planning to launch a vulnerability bounty program. BlockBeats previously reported that CoinDCX was stolen around yesterday morning, resulting in a loss of approximately $44.2 million.