CoinDCX has introduced measures to assist WazirX users and strengthen the Indian crypto ecosystem following WazirX's $230 million hack in August 2024. Although CoinDCX is not taking over WazirX, it launched a decentralized custody feature enabling users to secure assets through private keys. Additionally, it established a ₹50 crore Crypto Investor Protection Fund (CIPF) to compensate users during security breaches. These initiatives aim to restore trust and ensure robust asset protection. By focusing on decentralized security and user-centric features, CoinDCX seeks to lead efforts in enhancing transparency and safety in India’s cryptocurrency market.