CoinDCX Announces Global Recovery Bounty After $44M Hack
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CoinDCX has launched a global recovery bounty program in response to the recent $44 million theft from its platform. The initiative invites ethical hackers and security researchers to help trace and recover the stolen funds. Those who contribute actionable information stand to earn up to 25% of any recovered assets
Quick Summary
- CoinDCX lost $44 million in a July 2025 hack
- User funds were not impacted
- Recovery bounty program launched globally
- Ethical hackers and security researchers can participate
- Up to 25% of recovered funds offered as reward
Key Takeaways
- CoinDCX launches crypto bounty after $44M breach
- Offers up to 25% of recovered funds as reward
- Open to ethical hackers and security professionals worldwide
What Triggered the Bounty Program
On July 19, 2025, CoinDCX suffered a major breach, losing over $44 million from one of its internal operational wallets. The company clarified that no user funds were compromised. The stolen assets — mostly Solana (155,830 SOL) and Ethereum (4,443 ETH) — are linked to two publicly known wallets.
CoinDCX covered the loss from its own treasury reserves, ensuring customers were unaffected.
You can read the full breakdown of the incident here:
👉 CoinDCX Hack: $44 Million Loss, Timeline, and What We Know
How the Recovery Bounty Works
The bounty program is open to:
- White-hat hackers
- Cybersecurity researchers
- Blockchain forensics teams
Participants can submit verified information that helps trace the stolen funds or identify the attackers. If the intel leads to recovery or actionable enforcement, CoinDCX may offer up to 25% of the recovered value as a reward.
The process is coordinated through a secure, internal bounty review system managed by CoinDCX
Collaborating With Global Security Players
To increase the chances of recovery, CoinDCX is working with:
- Sygnia – global cyber defense
- zeroShadow and Seal911 – crypto incident response
- Solana Foundation, Wormhole, deBridge – ecosystem partners helping monitor cross-chain movement
This reflects a multi-layered and transparent approach to recovery, complementing the earlier mitigation efforts outlined in this detailed report on the hack itself.
Why This Bounty Matters
This program highlights a larger shift in Web3:
- User confidence is maintained by not passing losses to customers
- Transparent communication shows that the breach is being addressed seriously
- Decentralized defense is encouraged through community involvement
CoinDCX’s approach mirrors recovery initiatives like WazirX’s crypto bounty, launched after their July 2024 cyberattack.
If you missed the timeline and early reactions to the CoinDCX breach, you can find them here:
🔗 Full coverage of the CoinDCX hack
FAQs
Q: Who can participate in the CoinDCX bounty program?
A: Ethical hackers, white-hat researchers, and security firms who can help recover funds or identify the attackers.
Q: How much can contributors earn?
A: Up to 25% of the recovered amount, depending on the value and validity of the submitted information.
Q: Were customer funds affected by the hack?
A: No. The breach affected an internal wallet. CoinDCX absorbed the loss using its treasury.
To Sum Up
CoinDCX is actively seeking information to help trace and recover the stolen crypto. If you can contribute verified insights, you may be eligible for a reward.
