CoinDCX

Rumors recently spread suggesting that Coinbase, the U.S.-based crypto exchange giant, was in talks to acquire CoinDCX, one of India’s top cryptocurrency platforms. The speculation quickly caught attention across crypto media and investor circles. However, CoinDCX CEO Sumit Gupta stepped forward and strongly denied the claims. He posted a clear response on X (formerly Twitter),…

We begin with a shocking event that hit the Indian cryptocurrency exchange CoinDCX hard. On a Friday, hackers stole $44 million from an internal account, a loss later confirmed as $44.2 million by expert ZachXBT. CEO Sumit Gupta shared this news on Saturday, assuring users that their funds stayed safe in cold wallets. This breach…