Daily Market Updates: India's largest crypto exchange absorbs $16 million loss from internal process failure tied to retired wallet

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India's largest crypto exchange absorbs $16 million loss from internal process failure tied to retired wallet

Reported · Written up by our desk · Bitcoin

The Mumbai-based exchange initially dismissed reports of suspicious outflows as a false alarm. It now says it lost $16 million and will absorb the loss.

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CoinDeskIndia's largest crypto exchange absorbs $16 million loss from internal process failure tied to retired wallet

Crypto

India's largest crypto exchange absorbs $16 million loss from internal process failure tied to retired wallet

More like this

Sources

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