Bitcoin has demonstrated resilience in its price after a cyberattack on India's CoinDCX, which resulted in the loss of approximately $44.2 million. The breach involved a wallet connected to Tornado Cash, obscuring the transaction trails and complicating recovery efforts. Following the hacking, some of the stolen funds were transferred from Solana to Ethereum, increasing the difficulty of tracking the stolen assets. CoinDCX has assured customers that their wallets are secure and have not been affected by the breach.
Bitcoin has shown strength despite the hacking incident at India's CoinDCX exchange, where $44.2 million was stolen in a cyberattack.
The breach involved a wallet funded through Tornado Cash, a mixer known for hiding transaction trails, adding complexity to tracking stolen funds.
After the attack, a portion of the stolen money was moved from Solana to Ethereum, further complicating tracking efforts for investigators.
CoinDCX reassured users that customer wallets remained secure and were not impacted by the hacking of the exchange's infrastructure.
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