CoinDCX Company Cyber Security Posture
coindcx.comEstablished in 2018, CoinDCX is the preferred crypto exchange in India, but also an instrumental player in building the broader Web3 ecosystem. Trusted by over 1.4 crore registered users. Our mission is simple: to provide easy access to Web3 experiences and democratize investments in virtual digital assets. We prioritize user safety and security, strictly adhering to KYC and AML guidelines. In our commitment to quality, we employ a stringent 7M Framework for the listing of crypto projects, ensuring users access only the safest virtual digital assets. CoinDCX has partnered with Okto for India to launch a secure multi-chain DeFi app that offers a keyless, self-custody wallet . It aims to simplify the world of decentralized finance (DeFi) by providing a secure, user-friendly, and innovative solution for managing virtual digital assets. Through CoinDCX Ventures, we've invested in over 15 innovative Web3 projects, reinforcing our dedication to the Web3 ecosystem. Our flagship educational initiative, #NamasteWeb3, empowers Indians with web3 knowledge, preparing them for the future of virtual digital assets. CoinDCX's vision and potential have gained the confidence of global investors, including Pantera, Steadview Capital, Kingsway, Polychain Capital, B Capital Group, Bain Capital Ventures, Cadenza, Draper Dragon, Republic, Kindred, and Coinbase Ventures. At CoinDCX, we're leading India towards the decentralized future of Web3 with an unwavering commitment to safety, simplicity, and education.
CoinDCX Company Details
coindcx
825 employees
91466.0
52
Financial Services
coindcx.com
Scan still pending
COI_1881820
In-progress
CoinDCX Risk Score (AI oriented)Between 800 and 900
This score is AI-generated and less favored by cyber insurers, who prefer the TPRM score.
CoinDCX Global Score.png)
CoinDCX Company Scoring based on AI Models
| Model Name | Date | Description | Current Score Difference | Score |
|---|---|---|---|---|
| AVERAGE-Industry | 03-12-2025 | This score represents the average cybersecurity rating of companies already scanned within the same industry. It provides a benchmark to compare an individual company's security posture against its industry peers. | N/A | Between 800 and 900 |
CoinDCX Company Cyber Security News & History
| Entity | Type | Severity | Impact | Seen | Url ID | Details | View |
|---|---|---|---|---|---|---|---|
| CoinDCX | Breach | 100 | 7/2025 | COI703072025 | Link | ||
Rankiteo Explanation : Attack threatening the organization’s existenceDescription: Indian cryptocurrency exchange CoinDCX suffered a security breach, resulting in the theft of USD 44.2 million, or ₹378 crore. The incident involved unauthorized access to one of its accounts on a partner exchange. Despite the significant financial loss, the company assured that customer funds remained unaffected and safe, as the compromise was limited to an internal operational account. The total exposure is being absorbed entirely by CoinDCX using the company's treasury reserves. The breach was detected by the company's security systems and was later flagged by blockchain investigator ZachXBT. | |||||||
CoinDCX Company Subsidiaries
Established in 2018, CoinDCX is the preferred crypto exchange in India, but also an instrumental player in building the broader Web3 ecosystem. Trusted by over 1.4 crore registered users. Our mission is simple: to provide easy access to Web3 experiences and democratize investments in virtual digital assets. We prioritize user safety and security, strictly adhering to KYC and AML guidelines. In our commitment to quality, we employ a stringent 7M Framework for the listing of crypto projects, ensuring users access only the safest virtual digital assets. CoinDCX has partnered with Okto for India to launch a secure multi-chain DeFi app that offers a keyless, self-custody wallet . It aims to simplify the world of decentralized finance (DeFi) by providing a secure, user-friendly, and innovative solution for managing virtual digital assets. Through CoinDCX Ventures, we've invested in over 15 innovative Web3 projects, reinforcing our dedication to the Web3 ecosystem. Our flagship educational initiative, #NamasteWeb3, empowers Indians with web3 knowledge, preparing them for the future of virtual digital assets. CoinDCX's vision and potential have gained the confidence of global investors, including Pantera, Steadview Capital, Kingsway, Polychain Capital, B Capital Group, Bain Capital Ventures, Cadenza, Draper Dragon, Republic, Kindred, and Coinbase Ventures. At CoinDCX, we're leading India towards the decentralized future of Web3 with an unwavering commitment to safety, simplicity, and education.
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CoinDCX Cyber Security News
CoinDCX Loses $44 Million in Security Breach, Vows to Cover Loss
On July 19, 2025, CoinDCX, a prominent cryptocurrency exchange, experienced a significant security breach resulting in a loss of $44 million ...
Crypto Exchange CoinDCX Falls Victim To $44 Million Hack - Details
Indian exchange CoinDCX has suffered a cybersecurity attack, resulting in the loss of $44 million. This incident comes exactly one year ...
Indian crypto exchange CoinDCX hacked, $44 million drained
CoinDCX, a local crypto exchange serving India, was the victim of a hack that left the exchange drained of $44 million, though user funds ...
Crypto Exchange CoinDCX Hacked, $44M In Funds Reportedly Stolen
On July 19, 2025, CoinDCX, one of India's cryptocurrency exchanges, suffered a significant security breach, resulting in a loss of $44 ...
CoinDCX loses nearly Rs 368 crore in major crypto breach; Here’s what the CEO said about its recovery
CoinDCX confirmed a Rs 368 crore loss after a breach of one of its internal wallets used for liquidity provisioning.
Indian Crypto Exchange CoinDCX Suffers $44M Hack
Indian cryptocurrency exchange CoinDCX has suffered a $44 million security breach on Friday, after hackers managed to compromise an internal ...
Ethereum News Today: CoinDCX Loses $44 Million in Sophisticated Server Breach
- CoinDCX suffered a $44M server breach targeting liquidity accounts, while the Coinbase hacker re-emerged with a $2.3M ETH purchase, exposing ...
CoinDCX confirms operations account breach, says user funds unaffected
CoinDCX is investigating a security breach of an internal operational account, assuring customers that their funds are safe. Blockchain experts ...
CoinDCX Loses $44.2 Million in Security Breach, Absorbs Loss
- CoinDCX suffered a $44.2M security breach via a Solana blockchain operational wallet, with stolen USDC/USDT transferred to Ethereum. - CEO ...
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Frequently Asked Questions
Explore insights on cybersecurity incidents, risk posture, and Rankiteo's assessments.
CoinDCX CyberSecurity History Information
How many cyber incidents has CoinDCX faced?
Total Incidents: According to Rankiteo, CoinDCX has faced 1 incident in the past.
What types of cybersecurity incidents have occurred at CoinDCX?
Incident Types: The types of cybersecurity incidents that have occurred incident Breach.
What was the total financial impact of these incidents on CoinDCX?
Total Financial Loss: The total financial loss from these incidents is estimated to be $44.20 million.
How does CoinDCX detect and respond to cybersecurity incidents?
Detection and Response: The company detects and responds to cybersecurity incidents through third party assistance with Two globally reputed security agencies and law enforcement notified with CERT-In and containment measures with Isolated affected infrastructure and recovery measures with Portfolio APIs restored and communication strategy with Public disclosure, Social media updates.
Incident Details
Can you provide details on each incident?
Incident : Cryptocurrency Theft
Title: CoinDCX Security Breach
Description: CoinDCX suffered a security breach resulting in the theft of USD 44.2 million from an internal operational account. The breach was detected on July 19, 2023, at 4 AM IST. The company assured that customer funds were unaffected and that the loss would be covered by the company's treasury reserves.
Date Detected: 2023-07-19T04:00:00Z
Date Publicly Disclosed: 2023-07-20
Type: Cryptocurrency Theft
Attack Vector: Sophisticated Server Breach
Motivation: Financial Gain
What are the most common types of attacks the company has faced?
Common Attack Types: The most common types of attacks the company has faced is Breach.
How does the company identify the attack vectors used in incidents?
Identification of Attack Vectors: The company identifies the attack vectors used in incidents through Internal Operational Account.
Impact of the Incidents
What was the impact of each incident?
Incident : Cryptocurrency Theft COI703072025
Financial Loss: USD 44.2 million
Systems Affected: Internal Operational Accounts, Portfolio APIs
Downtime: Several hours
Operational Impact: Portfolio APIs became unresponsive
Customer Complaints: Concerns over security and transparency
Brand Reputation Impact: Mixed reactions on social media
What is the average financial loss per incident?
Average Financial Loss: The average financial loss per incident is $44.20 million.
Which entities were affected by each incident?
Incident : Cryptocurrency Theft COI703072025
Entity Type: Cryptocurrency Exchange
Industry: Financial Services
Location: India
Response to the Incidents
What measures were taken in response to each incident?
Incident : Cryptocurrency Theft COI703072025
Third Party Assistance: Two globally reputed security agencies
Law Enforcement Notified: CERT-In
Containment Measures: Isolated affected infrastructure
Recovery Measures: Portfolio APIs restored
Communication Strategy: Public disclosure, Social media updates
How does the company involve third-party assistance in incident response?
Third-Party Assistance: The company involves third-party assistance in incident response through Two globally reputed security agencies.
Data Breach Information
How does the company handle incidents involving personally identifiable information (PII)?
Handling of PII Incidents: The company handles incidents involving personally identifiable information (PII) through was Isolated affected infrastructure.
Ransomware Information
How does the company recover data encrypted by ransomware?
Data Recovery from Ransomware: The company recovers data encrypted by ransomware through Portfolio APIs restored.
Regulatory Compliance
Were there any regulatory violations and fines imposed for each incident?
Incident : Cryptocurrency Theft COI703072025
Regulatory Notifications: CERT-In
References
Where can I find more information about each incident?
Where can stakeholders find additional resources on cybersecurity best practices?
Additional Resources: Stakeholders can find additional resources on cybersecurity best practices at and Source: PTIDate Accessed: 2023-07-20.
Investigation Status
What is the current status of the investigation for each incident?
Incident : Cryptocurrency Theft COI703072025
Investigation Status: Ongoing
How does the company communicate the status of incident investigations to stakeholders?
Communication of Investigation Status: The company communicates the status of incident investigations to stakeholders through were Public disclosure and Social media updates.
Initial Access Broker
How did the initial access broker gain entry for each incident?
Incident : Cryptocurrency Theft COI703072025
Entry Point: Internal Operational Account
Post-Incident Analysis
What is the company's process for conducting post-incident analysis?
Post-Incident Analysis Process: The company's process for conducting post-incident analysis is described as Two globally reputed security agencies.
Additional Questions
Incident Details
What was the most recent incident detected?
Most Recent Incident Detected: The most recent incident detected was on 2023-07-19T04:00:00Z.
What was the most recent incident publicly disclosed?
Most Recent Incident Publicly Disclosed: The most recent incident publicly disclosed was on 2023-07-20.
Impact of the Incidents
What was the highest financial loss from an incident?
Highest Financial Loss: The highest financial loss from an incident was USD 44.2 million.
What was the most significant system affected in an incident?
Most Significant System Affected: The most significant system affected in an incident were Internal Operational Accounts, Portfolio APIs.
Response to the Incidents
What third-party assistance was involved in the most recent incident?
Third-Party Assistance in Most Recent Incident: The third-party assistance involved in the most recent incident was Two globally reputed security agencies.
What containment measures were taken in the most recent incident?
Containment Measures in Most Recent Incident: The containment measures taken in the most recent incident was Isolated affected infrastructure.
References
What is the most recent source of information about an incident?
Most Recent Source: The most recent source of information about an incident is PTI.
Investigation Status
What is the current status of the most recent investigation?
Current Status of Most Recent Investigation: The current status of the most recent investigation is Ongoing.
Initial Access Broker
What was the most recent entry point used by an initial access broker?
Most Recent Entry Point: The most recent entry point used by an initial access broker was an Internal Operational Account.
What Do We Measure?
Every week, Rankiteo analyzes billions of signals to give organizations a sharper, faster view of emerging risks. With deeper, more actionable intelligence at their fingertips, security teams can outpace threat actors, respond instantly to Zero-Day attacks, and dramatically shrink their risk exposure window.
These are some of the factors we use to calculate the overall score:
Identify exposed access points, detect misconfigured SSL certificates, and uncover vulnerabilities across the network infrastructure.
Gain visibility into the software components used within an organization to detect vulnerabilities, manage risk, and ensure supply chain security.
Monitor and manage all IT assets and their configurations to ensure accurate, real-time visibility across the company's technology environment.
Leverage real-time insights on active threats, malware campaigns, and emerging vulnerabilities to proactively defend against evolving cyberattacks.
