Home Hacks CoinDCX Breach Tied to Social Engineering and Employee Access Exploitation, Probe Underway
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CoinDCX Breach Tied to Social Engineering and Employee Access Exploitation, Probe Underway

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CoinDCX Breach Tied to Social Engineering and Employee Access Exploitation, Probe Underway
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The CoinDCX incident follows a pattern of similar attacks that have affected major crypto platforms over the past year. North Korea-linked hackers used comparable social engineering tactics to steal $305 million from Japan’s DMM Bitcoin exchange, while blockchain analyst ZachXBT reported that Coinbase users lose over $300 million annually to various social engineering schemes.

These cases demonstrate how even sophisticated cybersecurity infrastructure can be compromised when attackers successfully manipulate employees. The trend highlights the critical importance of comprehensive security training and protocols that address both technical vulnerabilities and human factors in cryptocurrency operations.

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Cameron Holt

Cameron Holt is a seasoned Web3 analyst and blockchain educator from the U.S., known for his deep dives into everything from zk rollups and Layer 2 innovation to yield farming mechanics and on-chain security. With a developer’s mindset and a strategist’s vision, Cameron tracks token unlocks, uncovers hidden airdrop opportunities, and decodes technical trends for a fast-moving crypto audience. Whether it's AI-powered tools, decentralized gaming, or the latest rugpulls, he brings clarity, speed, and sharp insight to every corner of the blockchain world.

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