CoinDCX Denies $16 Million Hack, Links Flagged Wallets to Earlier 2025 Breach

WHY IT MATTERS

When a crypto exchange gets hacked, the stolen funds do not always move right away. Hackers sometimes wait months or even years before transferring stolen cryptocurrency to try to cash it out, which can make it look like a new hack is happening. Think of it like a bank robbery where the thieves hid the money and only started spending it much later — people might think there was a second robbery. For anyone using a crypto exchange, this story is a reminder that exchanges can be vulnerable to hacks, and that it is important to understand how an exchange handles security incidents, including whether it compensates affected users. CoinDCX says this is not a new hack, but that claim has not been independently verified, so the situation is still developing.