Urgent.News

What's breaking now, across thousands of outlets.

World

CoinDCX acknowledges $16 million loss after wallet failure

CoinDCX has confirmed a cryptocurrency loss of nearly $16 million after an internal transfer system failed, reversing its initial dismissal of suspicious withdrawals from wallets previously compromised in a security breach. The Mumbai-based exchange said on Sunday that it had absorbed the loss of 15.99 million USDT, a dollar-linked cryptocurrency issued by Tether, and that customer balances and…

We haven't written up this one. Arabian Post has the full story — the link below goes straight to it.

Read the original at thearabianpost.com →

More in World

More from Monday 26 October →