India's largest exchange denies hack after sleuths pointed to $16 million in suspicious outflows

Crypto Insight Summary: CoinDCX denies its active wallets were hacked after sleuths flagged $16 million in outflows from addresses linked to the India-based exchange. Crypto Insight Analysis: Direction: Bearish COINDCX Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Exchange security concerns may cause temporary user withdrawals and trust issues.