CryptoSlate October 27, 2026

CoinDCX’s $16 million loss revives uncomfortable memories of FTX and Celsius

CoinDCX’s $16 million loss revives uncomfortable memories of FTX and Celsius

CoinDCX confirmed a loss of roughly $16 million USDT three days after its CEO, Sumit Gupta, disputed reports of a new wallet breach, calling them a false alarm. It had acknowledged unspecified operational losses from a failed sweeping process on the afternoon of Oct. 22, so the reversal came in two steps, and the full…

Read the full story on CryptoSlate

Understand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox

You might also like

Bitcoin redemption freeze puts $136 million Aave …
Nov 01, 2026 Read
AI agents bypassed crypto spending limits without…
Nov 01, 2026 Read
Binance sees $3.64 billion in net outflows after …
Nov 01, 2026 Read
OneKey founder warns BlackRock’s Bitcoin ETF coul…
Nov 01, 2026 Read