TNB TopicalNewsBeats

Crypto, chains and markets — the beat, as it happens

LIVE

CoinDesk

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

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.

Photo: CoinDesk

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.

Originally published by CoinDesk. Read the full story at the source →

More stories