Indian crypto investors have been buyers of bitcoin and other layer 1 tokens, maintaining a well-diversified portfolio, CoinDCX told CoinDesk.
Crypto thefts topped $2.2 billion in 2025, on par with last year’s total, as attackers exploited a range of blockchain vulnerabilities.
The approval follows a challenging year for CoinDCX which included a significant security breach, though customer funds remained safe.
The pending deal extends Coinbase’s backing and follows CoinDCX’s 2022 raise of $135 million at a $2.15 billion valuation.
A software engineer working for CoinDCX has been arrested for alleged involvement in the breach after hackers allegedly exploited his credentials to siphon funds to six wallets.
Sumit Gupta, CEO of Indian crypto exchange CoinDCX, has linked the platform’s recent $44 million security breach to a targeted social engineering attack. In a July 31 statement shared via X (formerly Twitter), Gupta said early findings indicate that the exploit may have stemmed from manipulation tactics to gain unauthorized internal access. He explained that […]
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Bengaluru police say hackers honey-trapped a CoinDCX engineer with a part-time job offer to install malware on his work laptop and steal about $44 million.
Sumit Gupta, CEO of Indian crypto exchange CoinDCX, has publicly denied reports suggesting the company is in acquisition talks with US-based crypto platform Coinbase. The speculation emerged after a Livemint report claimed that negotiations were underway between the two crypto trading platforms. However, Gupta quickly dismissed the claims in a July 29 post on X […]
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CoinDCX's CEO denied reports of a potential acquisition by Coinbase, emphasizing the company's focus on India.
The $44 million exploit targeting India-based crypto exchange CoinDCX has been linked to North Korea’s Lazarus Group, according to blockchain security firm Cyvers. In a July 21 statement shared with CryptoSlate, Cyvers CEO Deddy Lavid said the attackers followed a pattern reminiscent of previous Lazarus operations. The tactics included using cross-chain bridges and Tornado Cash […]
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The attack took place one year after a massive $230 million hack took down WazirX, then India's largest crypto exchange.
BitOasis received a full VASP license, marking the final step in its VARA licensing process and allowing for a range of crypto trading services.
India has recovered $14 million in goods and services tax from crypto firms like WazirX, but Binance has yet to pay its $85 million tax evasion liabilities, the minister said.
India’s crypto community has shown resilience to harsh taxation requirements, with its crypto ecosystem gaining momentum, although not at its full potential.
India is Metaverse platform The Sandbox's largest market for creators with users numbers doubling in less than a year, co-founder Sebastien Borget told CoinDesk in an interview.
Self-custodial wallet Okto received its license under RAK DAO, an economic free zone dedicated to virtual assets.
CoinDCX's Crypto Investors Protection Fund will enhance user security by allocating 2% of brokerage income annually to safeguard assets.
Indian crypto exchange CoinDCX's co-founder Sumit Gupta has told CoinDesk that his company has established an investor protection fund, saying that if other exchanges did this too "it would be better for the eco system."
The BWA’s initiatives highlight an increasing awareness of the importance of cybersecurity in preserving trust and integrity in digital finance.
Indian cryptocurrency exchange WazirX is facing industry and customer heat for its "Withdrawal Management Programme: Opinion Poll" in the aftermath of the $230 million hack, 45% of its user funds, it suffered earlier this month.
CoinDCX’s acquisition of BitOasis opens new opportunities in the Middle East and ensures regulated and secure trading.
Metaverse platform The Sandbox is aiming to make India its largest market within the coming 24 months.