The post CoinDCX Hack: Is Lazarus Group Behind The $44M Crypto Attack? appeared first on Coinpedia Fintech News
India’s two largest crypto exchanges, WazirX in 2024 and now CoinDCX in 2025, have both been hit by major hacks. What is even more shocking is that both attacks happened on the same date, a year apart, and followed the same pattern. Experts say that this is no coincidence.
The cybersecurity firm Cyvers, which detected both the breaches, believes that the latest attack on CoinDCX shows clear signs of involvement by North Korea’s Lazarus Group. This group is known for targeting centralized exchanges using advanced, state-sponsored tactics.
CoinDCX Hack: Signs Point to Lazarus Group
The CoinDCX hack led to a loss of $44.2 million (₹368 crore). The entire attack took just five minutes, using a complex setup that involved multiple chains and crypto tools.
Cyvers CEO Deddy Lavid pointed out multiple signs suggesting Lazarus Group’s involvement, like targeting c
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