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CoinDCX loses $15.99M due to deposit system failure but customer funds safe

Market News
26 Oct 2026
Tokenpost
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Bearish
CoinDCX loses $15.99M due to deposit system failure but customer funds safe

CoinDCX, an India-based crypto exchange, reported a $15.99 million loss caused by a failure in its automated deposit-sweep system that left funds stuck in outdated wallets. The issue was detected on October 21, with irregular fund movements following on October 22. Despite the loss, the company confirmed that customer balances, active trading, and current wallet systems were unaffected. This incident relates to an older infrastructure linked to a July 2025 security event involving $44 million exposure, but CoinDCX absorbed the loss without impacting users' funds.

CoinDCX's reported $15.99 million loss due to a failed deposit sweep provides context for crypto market activity. For readers following major cryptocurrencies on Pluang, here is the market snapshot as of Oct 26, 2026 10:41 WIB: out of 50 priced assets, 5 rose and 43 fell. Notable moves include SXP down 46.27%, BAL up 11.14%, and COMP down 10.01% with a 31% sell and 69% buy order split, and typical hold times ranging from 85 to 98 days.

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