Crypto News

$44M CoinDCX Hack Traced to North Korea’s Lazarus Group, Same Date as WazirX Breach

In response to the breach, CoinDCX has rolled out a recovery bounty program, of any recovered assets, equivalent to $11 million, as an incentive for individuals or teams able to assist in tracking and retrieving the stolen funds.

CEO Sumit Gupta took to social media to stress the broader mission: “Identifying and catching the attackers is more important than just recovering funds. We must ensure this doesn’t happen again, not to us or anyone else in the ecosystem.”

As the industry absorbs the shock of another Lazarus-linked exploit, attention now shifts toward implementing stronger regulatory frameworks, cross-chain threat detection, and reinforcing user fund protections to prevent future breaches.

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