coindcx

This move helps Coinbase grow its role in the Indian crypto market. India is one of the fastest growing places for digital assets and many global firms want a presence there.

The approval was given this week by the national competition body. With this decision Coinbase can invest in the parent company of CoinDCX. This clears the final step needed for the deal to move forward.

Coinbase has supported CoinDCX for several years. It first invested in the company in two thousand twenty. This new investment shows that Coinbase wants to build stronger ties with India after a long break from the market.

Coinbase recently started accepting new users in India again. The platform had paused activity for about two years. Now it has returned with a focus on basic crypto trading. More services are planned for the future as rules become clearer.

This approval comes after a difficult year for CoinDCX. Earlier this year the company reported a security issue linked to one of its wallets. The loss was large but the company confirmed that user funds were safe. This helped maintain trust among its users during a tough time.

Despite that event CoinDCX continues to operate and serve a large user base. The support from Coinbase adds confidence and stability. It also shows that global firms still see long term value in the Indian market.

Coinbase is now working on rebuilding its presence in the country. It plans to slowly expand its services. One major goal is to allow users to move local currency into crypto more easily. This feature is expected to arrive in the future once approvals are in place.

India remains a challenging place for crypto firms. High taxes on trades and unclear rules have slowed growth. Many users and companies remain cautious. Still interest in crypto remains strong among young users and developers.

The approval from the competition authority sends a positive signal. It shows that regulators are open to global firms taking part as long as rules are followed. This could help bring more investment and innovation into the local market.

For Coinbase this move is about the long term. The company sees India as a key region for future growth. By working with a local platform it can learn the market and build trust step by step.

For CoinDCX the partnership brings fresh support and global experience. It also helps the company recover from past challenges and focus on growth.

Overall this decision marks a steady step forward for crypto in India. While challenges remain the door is open for responsible growth under clear oversight.
#IndiaCrypto
#Coinbase
#CoinDCX
#CryptoNews
#BlockchainIndia

El último informe de Chainalysis encendió las alarmas en toda la industria: en lo que va de 2025, los robos cripto ya superan los $2.170 millones de dólares. Solo en el primer semestre, se han registrado ataques a gran escala que exponen vulnerabilidades críticas en el ecosistema blockchain.

🧨 Los golpes más duros

🔴 Bybit fue víctima de un mega robo que, según fuentes cercanas, afectó severamente su infraestructura interna.

🔴 CoinDCX, uno de los exchanges más grandes de India, también sufrió una brecha grave, aunque aseguró que los fondos de usuarios están a salvo.

Estos incidentes están entre los más grandes del año, y representan más del 40% del total robado hasta la fecha.

📉 ¿Qué está fallando?

Según Chainalysis, las causas principales son:

Fallas en la seguridad de contratos inteligentes

Brechas internas o accesos comprometidos

Phishing dirigido a empleados y usuarios

Ataques a puentes cross-chain (los más frecuentes)

🔐 ¿Y la solución?

Mientras los ataques se vuelven más sofisticados, los expertos insisten en:

✅ Mejorar las auditorías de smart contracts

✅ Establecer controles más estrictos en exchanges

✅ Fomentar el uso de hardware wallets y autenticación de múltiples factores

🚨 ¿Estamos en riesgo?

La descentralización no significa desprotección. Sin embargo, esta cifra récord es un llamado de atención: la adopción masiva no es sostenible sin seguridad robusta.

Cada usuario, inversor y desarrollador debe asumir responsabilidad activa sobre su seguridad digital.

📌 Reflexión final:

La tecnología blockchain promete libertad financiera. Pero esa libertad debe ir acompañada de educación, prevención y responsabilidad.

No es solo cuestión de not your keys, not your coins…

Es también: not your audit, not your peace of mind.

#CriptoSeguridad #HackCripto #Chainalysis #RoboCripto #Bybit #CoinDCX #Web3 #defi #CryptoNews #BinanceSquare #Blockchain #SmartContracts

An investigation into a massive hack targeting Indian crypto exchange CoinDCX has led to the arrest of one of its own — 30-year-old software engineer Rahul Agarwal. Authorities claim Agarwal was unknowingly lured into a job scam, during which hackers tricked him into installing malware on his company-issued laptop.

Company Laptop Compromised by Hackers
According to official reports, Agarwal’s workstation was infected with malware that gave attackers access to CoinDCX’s internal systems. Using these credentials, the hackers reportedly transferred a staggering $44 million to six separate crypto wallets.
Agarwal denies any intentional wrongdoing, insisting he was a victim himself. He suggested that his login credentials were exploited or that the firm’s internal security had vulnerabilities. He also mentioned that he occasionally freelanced outside of his full-time position.

Details of the Attack and Company Response
Police say the breach occurred on July 19 during the early hours of the morning. A suspicious transfer of 1 USDT was detected at 2:37 AM. By 9:40 AM, approximately $44 million had been siphoned off in a matter of minutes.
CoinDCX publicly acknowledged the incident but reassured users that their personal funds remained secure, clarifying that the breach involved an internal account. CEO Sumit Gupta described the event as a “sophisticated case of social engineering” and declined to comment on Agarwal’s arrest due to the ongoing investigation. The company says it is fully cooperating with law enforcement.

No Sale, No Rumors — CoinDCX Stays Independent
Interestingly, this development follows recent rumors that Coinbase was planning to acquire CoinDCX. CEO Sumit Gupta firmly denied these claims, stating on X that the company is “super focused” on building India’s crypto future and is not for sale.
“Keep your head down and stay super focused on building,” Gupta said.
The case underscores the increasing threat of social engineering in the crypto industry. Rather than exploiting just technical flaws, attackers are targeting the employees themselves. CoinDCX acknowledged this trend and promised further security measures once the investigation concludes.

#CoinDCX , #CryptoHack . #CyberSecurity , #Cryptoscam , #CryptoNews

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Ethereum Price Predictions: What Are Experts Saying?
Short-Term Outlook (August–September 2025)
#CoinDCX anticipates that if Ethereum breaks above $4,800, it could rally toward $5,500–$6,000 by the end of August 2025. Conversely, a drop below $4,000 might push ETH toward $3,800.
CoinCodex projects a rise of approximately 10.85%, targeting $5,240 around September 11–12, 2025. For the next week, they estimate #ETH $ETH
could reach as high as $5,417.
By End of 2025
Standard Chartered, citing strong institutional activity and favorable regulatory developments, now forecasts ETH to reach $7,500 by the end of 2025 (up from $4,000 earlier). They explain this surge is driven by significant ETF inflows and the passage of the GENIUS Act, boosting stablecoin usage and Ethereum’s fee demand.
Tom Lee (Fundstrat) is even more bullish. He envisions ETH surpassing the $7,500 mark, potentially reaching $15,000 by December 2025, driven by massive corporate and #ETF accumulation and a potential U.S. Fed rate cut.
Yahoo Finance offers a broad range: a low outlook of $2,061, an average of $4,054, and a high of $6,000 for 2025.
Changelly forecasts:
August 2025: low of ~$4,652; high of ~$5,585; average around ~$5,118.
September 2025: highs near ~$5,154; lows around ~$3,199; average ~$4,177.
October–December 2025: expected range between ~$2,793 and ~$5,367, average ~$4,080 by year-end.
Long-Term Outlook (2028 and Beyond)
Standard Chartered also projects a long-term ETH price of $25,000 by 2028, underpinned by institutional adoption, layer-1 improvements, and expanded stablecoin use.
CoinCodex indicates a possible peak at $8,898 in 2025 and suggests ETH might hit $10,000 by February 2028, with $33,092 as an upper long-term limit (e.g., by 2050).
Additional Sentiment Signals
Cointelegraph, relayed via Santiment, notes that retail traders are skeptical even as ETH nears its previous all-time high near $4,868—historically, retail doubt can precede strong price moves.
A derivatives-based signal—specifically, net gamma exposure on ether options—suggests that dealers may be forced to support rising prices, potentially accelerating ETH toward $4,400.
Summary Table
Timeframe Bullish Scenario Mid Scenario Conservative Scenario
August–Sept 2025 $5,500–$6,000 $5,240 (CoinCodex) $3,800–$4,000 (support)
End of 2025 $7,500 (Standard Chartered) ~$6,000 (Yahoo Finance high) ~$4,000 (average projections)
Best Case $15,000 (Tom Lee) – –
By 2028 $25,000 (Standard Chartered) $10,000 (CoinCodex algorithm) –
What Does This Mean for You?
Short term, Ethereum appears to be in a strong bullish phase. If it breaks key resistance levels like $4,800, it could launch toward mid-$5,000s.
By year’s end, several major banks and analysts see #ETH in the $7,500–$15,000 range—though estimates vary widely.
Looking to 2028, long-term forecasts hint at big upside, with some pushing as high as $25,000–$33,000.
Important reminder: These are speculative forecasts rather than guarantees. Crypto markets are volatile and influenced by many factors—regulation, macroeconomic trends, network activity, sentiment.
$ETH

Key Takeaways:
CoinDCX CEO Sumit Gupta refutes reports of a $1B acquisition deal with Coinbase.The denial follows a $44M hack, raising questions about CoinDCX’s valuation and future.$SHIB holders are urged to monitor developments as India’s crypto landscape shifts.
Indian crypto exchange CoinDCX has officially denied rumors of a $1 billion acquisition by U.S.-based Coinbase, just days after suffering a $44 million hack. CEO Sumit Gupta took to social media to clarify that the company remains committed to building for India’s Web3 future and is not for sale. The timing of the denial, coupled with recent security concerns, has sparked renewed interest among $SHIB holders and broader crypto investors watching India’s evolving regulatory climate.
CoinDCX Stays Independent Despite Market Speculation
Reports from Indian media suggested Coinbase was in advanced talks to acquire CoinDCX at a steep discount from its 2021 valuation of $2.2 billion. However, Gupta swiftly dismissed the claims, stating the company is “super focused” on India’s crypto growth and not entertaining buyout offers. The denial comes amid CoinDCX’s recovery efforts following a major hack that compromised an operational wallet but left customer funds untouched. The exchange has since launched a bounty program to trace stolen assets and reinforce its security protocols.
Why SHIB Holders Should Pay Attention
While the acquisition rumors have been quashed, SHIB holders and altcoin investors are keeping a close eye on CoinDCX’s next moves. The exchange plays a key role in India’s retail crypto market, and any strategic shift, be it partnerships, infrastructure upgrades, or regulatory alignment, could impact token accessibility and liquidity. With India still lacking a comprehensive crypto framework, developments at major exchanges like CoinDCX may influence how meme coins like $SHIB are traded and perceived in the region.
#CoinDCX #SHİB #coinbase