CoinDCX has denied claims of a fresh security breach after on-chain researcher Darcy flagged roughly $15.99 million in USDT and 5,783.81 TRX moving from addresses described as linked to the Indian crypto exchange. The transfers were consolidated into a TRON address before being split across multiple wallets.
The shift from Starknet to Circle's Arc is scheduled for 9 a.m. ET (13:00 UTC) Oct. 22.
Tether leads a pre-seed round in Bolivian fintech Peso to expand USDT payments for food delivery and banking across four Latin American countries.
CoinDCX's denial highlights the ongoing challenges of security and trust in the crypto industry, impacting user confidence and market stability. India's top crypto exchange CoinDCX rejects hack claims after $16 million in USDT transfers reported.
He was also ordered to forfeit $14,751,846 and serve five years of supervised release.
The transfer took place Oct. 21, 2026. Tether issues USDT, a stablecoin widely used in crypto markets.
Tether led a pre-seed round in Bolivian fintech Peso, the stablecoin giant said Oct. 21.
Tether invests in Bolivian fintech Peso to expand USDT payments across four Latin American markets, connecting food delivery, merchant services and banks.
The transfer was valued at about $499.8 million. USDT is Tether's dollar-pegged stablecoin and a key source of crypto trading liquidity.
The move puts Binance trading activity and USDT circulation in focus amid mixed signals across crypto markets.
The transfer alert did not name a recipient or give a reason for the move.
The investment will support Peso's expansion across four Latin American markets, where it connects stablecoin payments to merchant services and local banking networks.