Indian cryptocurrency exchange CoinDCX was hacked, resulting in a loss of $44 million

ChainCatcher news, according to Protos, the Indian cryptocurrency exchange CoinDCX was hacked, resulting in a loss of $44 million. The incident was traced back to a company-provided laptop that was only meant for office use, which was compromised after a software engineer used it for a part-time job. The hacker obtained his login credentials through a file opened by the engineer and launched the attack on July 19. The engineer has been arrested in Bangalore. This incident once again highlights the importance of strengthening security controls for backend infrastructure.