Bengaluru Police have arrested a 30-year-old software engineer in connection with the theft of approximately Rs 384 crore ($44 million) in cryptocurrency from CoinDCX. The accused, Rahul Agarwal, a permanent employee of CoinDCX, which is a crypto exchange platform, was arrested on July 26 by the Whitefield CEN crime police. The alarm was raised on
Bengaluru-based Neblio Technologies Private Limited, the parent company of cryptocurrency exchange platform CoinDCX, said it has lost Rs 384 crore due to hacking, in one of the biggest cyber crimes reported in the country. In a police complaint on July 22, Hardeep Singh, Vice-President, Public Policy and Government Affairs, Neblio Technologies, said that someone hacked
Bengaluru-based Neblio Technologies Private Limited, the parent company of cryptocurrency exchange platform CoinDCX, said it has lost Rs 384 crore due to hacking, in one of the biggest cyber crimes reported in the country. In a police complaint on July 22, Hardeep Singh, Vice-President, Public Policy and Government Affairs, Neblio Technologies, said that someone hacked
Last July, India’s then-largest crypto exchange WazirX was hacked, resulting in the theft of crypto assets worth $235 million (Rs 2,024 crore). Now, a year later, India’s second-largest crypto exchange CoinDCX reported a major security breach, which led to approximately $44 million (Rs 378 crore) being wiped off from the platform. On Saturday (July 19),
India’s crypto market is undergoing a fundamental shift. As the country’s traders adapt to a dynamic regulatory environment, one trend is becoming clear: crypto futures are quickly gaining popularity, especially among equity investors already familiar with the derivatives market. What was once a niche product limited to global exchanges is now becoming the preferred instrument