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CoinDCX Fights Back: Indian Crypto Exchange Offers Bounty After $44M Hack
CoinDCX Fights Back: Indian Crypto Exchange Offers Bounty After $44M Hack
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Another day, another crypto heist—but this time, the exchange isn’t taking it lying down. CoinDCX, one of India’s largest crypto platforms, just turned the tables on hackers with a bold bounty hunt following a $44 million exploit.
Rewriting the playbook: Instead of begging for mercy (or regulatory bailouts), CoinDCX is dangling cash rewards for clues to track down the digital bandits. A refreshing twist in an industry where ‘security’ often means ‘hope nobody notices.’
The irony? This comes as Indian regulators finally warm up to crypto—just in time for a masterclass in why they hesitated in the first place. Maybe next time, they’ll skip the ‘bounty’ phase and just hire better auditors.
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