coindcx

India’s CoinDCX saw $44.2M swiped from an internal ops wallet. A sophisticated API/server breach let hackers hit its liquidity wallet, then braid funds through Tornado Cash on #Ethereum and #Solana . No customer accounts were touched – CoinDCX absorbed the loss – but a 17-hour silence (flagged by sleuths) drew fire. They’ve since launched a $6M Crypto Investors Protection Fund and bug bounty, aiming to brace for the next Lazarus wave. 🔍🔐
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#CoinDCX #CryptoSafety

Key Takeaways:
CoinDCX CEO Sumit Gupta refutes reports of a $1B acquisition deal with Coinbase.The denial follows a $44M hack, raising questions about CoinDCX’s valuation and future.$SHIB holders are urged to monitor developments as India’s crypto landscape shifts.
Indian crypto exchange CoinDCX has officially denied rumors of a $1 billion acquisition by U.S.-based Coinbase, just days after suffering a $44 million hack. CEO Sumit Gupta took to social media to clarify that the company remains committed to building for India’s Web3 future and is not for sale. The timing of the denial, coupled with recent security concerns, has sparked renewed interest among $SHIB holders and broader crypto investors watching India’s evolving regulatory climate.
CoinDCX Stays Independent Despite Market Speculation
Reports from Indian media suggested Coinbase was in advanced talks to acquire CoinDCX at a steep discount from its 2021 valuation of $2.2 billion. However, Gupta swiftly dismissed the claims, stating the company is “super focused” on India’s crypto growth and not entertaining buyout offers. The denial comes amid CoinDCX’s recovery efforts following a major hack that compromised an operational wallet but left customer funds untouched. The exchange has since launched a bounty program to trace stolen assets and reinforce its security protocols.
Why SHIB Holders Should Pay Attention
While the acquisition rumors have been quashed, SHIB holders and altcoin investors are keeping a close eye on CoinDCX’s next moves. The exchange plays a key role in India’s retail crypto market, and any strategic shift, be it partnerships, infrastructure upgrades, or regulatory alignment, could impact token accessibility and liquidity. With India still lacking a comprehensive crypto framework, developments at major exchanges like CoinDCX may influence how meme coins like $SHIB are traded and perceived in the region.
#CoinDCX #SHİB #coinbase

Ethereum Price Predictions: What Are Experts Saying?
Short-Term Outlook (August–September 2025)
#CoinDCX anticipates that if Ethereum breaks above $4,800, it could rally toward $5,500–$6,000 by the end of August 2025. Conversely, a drop below $4,000 might push ETH toward $3,800.
CoinCodex projects a rise of approximately 10.85%, targeting $5,240 around September 11–12, 2025. For the next week, they estimate #ETH $ETH
could reach as high as $5,417.
By End of 2025
Standard Chartered, citing strong institutional activity and favorable regulatory developments, now forecasts ETH to reach $7,500 by the end of 2025 (up from $4,000 earlier). They explain this surge is driven by significant ETF inflows and the passage of the GENIUS Act, boosting stablecoin usage and Ethereum’s fee demand.
Tom Lee (Fundstrat) is even more bullish. He envisions ETH surpassing the $7,500 mark, potentially reaching $15,000 by December 2025, driven by massive corporate and #ETF accumulation and a potential U.S. Fed rate cut.
Yahoo Finance offers a broad range: a low outlook of $2,061, an average of $4,054, and a high of $6,000 for 2025.
Changelly forecasts:
August 2025: low of ~$4,652; high of ~$5,585; average around ~$5,118.
September 2025: highs near ~$5,154; lows around ~$3,199; average ~$4,177.
October–December 2025: expected range between ~$2,793 and ~$5,367, average ~$4,080 by year-end.
Long-Term Outlook (2028 and Beyond)
Standard Chartered also projects a long-term ETH price of $25,000 by 2028, underpinned by institutional adoption, layer-1 improvements, and expanded stablecoin use.
CoinCodex indicates a possible peak at $8,898 in 2025 and suggests ETH might hit $10,000 by February 2028, with $33,092 as an upper long-term limit (e.g., by 2050).
Additional Sentiment Signals
Cointelegraph, relayed via Santiment, notes that retail traders are skeptical even as ETH nears its previous all-time high near $4,868—historically, retail doubt can precede strong price moves.
A derivatives-based signal—specifically, net gamma exposure on ether options—suggests that dealers may be forced to support rising prices, potentially accelerating ETH toward $4,400.
Summary Table
Timeframe Bullish Scenario Mid Scenario Conservative Scenario
August–Sept 2025 $5,500–$6,000 $5,240 (CoinCodex) $3,800–$4,000 (support)
End of 2025 $7,500 (Standard Chartered) ~$6,000 (Yahoo Finance high) ~$4,000 (average projections)
Best Case $15,000 (Tom Lee) – –
By 2028 $25,000 (Standard Chartered) $10,000 (CoinCodex algorithm) –
What Does This Mean for You?
Short term, Ethereum appears to be in a strong bullish phase. If it breaks key resistance levels like $4,800, it could launch toward mid-$5,000s.
By year’s end, several major banks and analysts see #ETH in the $7,500–$15,000 range—though estimates vary widely.
Looking to 2028, long-term forecasts hint at big upside, with some pushing as high as $25,000–$33,000.
Important reminder: These are speculative forecasts rather than guarantees. Crypto markets are volatile and influenced by many factors—regulation, macroeconomic trends, network activity, sentiment.
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