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Indian crypto exchange CoinDCX confirms $44 million stolen during hack

India's largest crypto exchange announced its intention to cover all expenses related to a recent security breach.

MAIN POINTS
  1. India's largest crypto exchange experienced a security breach.
  2. The exchange plans to absorb all related costs.
  3. This decision aims to reassure users and maintain trust.
  4. The exchange is committed to enhancing security measures.
TAKEAWAYS
  1. Users will not bear any financial burden from the breach.
  2. The exchange prioritizes customer trust and security.
  3. Proactive measures are being taken to prevent future breaches.
  4. The incident highlights the importance of robust security in crypto exchanges.
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