UPDATE: CoinDCX curbs futures trading following Binance security incident

CIE News ·

Update to UPDATE: Institutions pull crypto exchange funds after Binance exploit

Based on reporting by CoinDesk; not yet independently confirmed.

CoinDCX restricted new futures positions following a security incident at Binance, which acts as a key liquidity provider. Deposits, withdrawals, and customer funds remain unaffected.

CoinDCX has restricted opening new futures positions after a reported security incident disrupted Binance, which serves as a key liquidity provider for the exchange. The move comes as institutional investors withdraw funds from exchanges following the Binance breach, as previously reported. According to CoinDesk, CoinDCX stated that customer funds, deposits, and withdrawals remain unaffected by the incident.

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