Market Update

More than 100 encryption traders see huge gains, Coindcx says it is a defect

CoINDCX recently noticed some individual activities in its Web3 mode, affecting 106 users. Crypto Exchange quickly acted, calming everyone by confirming their money was safe and pledged to a security update to enhance the defenses of the WEB3 situation.

They made it clear that the problem is limited to web3 mode, which is a self -fraud wallet where users keep their own keys and have full control over their money. The main exchange is completely not affected. The exchange itself was not affected, trading continued, as well as withdrawals, without disruption.

But while the company was busy handling security concerns, it caught the attention of an extraordinary defect. One of the users called Babanjan said that he lost USDT and BNB in ​​the middle of the night, but he admired the speed of CoINDCX with 272 USDT in the exchange wallet. The funny part? He showed his treatment strangely that he made a profit of 250 million per cent.

Be confused, move to Twitter and ask, “Should I pay a USDT tax that Coindcx sent me?”

Coindcx Cares respond, and disinfect any doubts. “Yes, a 30 percent tax applies to 272 USDT received from Coindcx, according to Indian regulations to virtual digital assets,” the company answered.

The event emphasizes the continuous security problems in the world of web3 while it was an invitation to wake up about the difficult encryption tax rules in India. CoINDCX confirmed to users that more updates will be shared on safety correction within the next 12 hours.

While the company is working to enhance its security, this entire episode is another reminder of the extent of the non -predicted world of encryption. One moment deals with a security defect, and the next day is an impossible profit character in your wallet.

Also read: Ukraine or Palestine: Where did the darker storm infiltrators come from, who dropped x?





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