#coindcx

#coindcx

CoinDCX confirmed to TechCrunch that the latest funding is an investment of new capital by Coinbase. The U.S. exchange has been an investor in CoinDCX since 2020 and last backed the Indian exchange in its Series D round in 2022 through its venture capital arm, Coinbase Ventures. Notably, the funding comes just months after CoinDCX suffered a security breach in July that led to the theft of around $44 million worth of assets.

CoinDCX confirmed a recent security breach compromised an internal operational account, leading to the theft of about $44.2 million in crypto assets.