CoinDCX, an Indian crypto exchange, resumed withdrawals after a $44 million security incident. Sumit Gupta, CEO, assured users that funds were safe. The company experienced record trading volumes post-incident. CoinDCX dismisses acquisition rumors and targets a $10 billion valuation. The exchange anticipates significant growth with clear crypto regulations in India. Currently, CoinDCX holds a substantial market share.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets