Crypto India|Nov 14, 2026 13:24
BREAKING: Unocoin confirms a security breach, with approximately $200,000 in crypto stolen from three hot wallets.
Key details:
- 3 of Unocoin's 20+ operational wallets were compromised.
- Approximately $200,000 in crypto was stolen. Some affected funds have already been frozen.
- Unocoin says it will cover the entire loss from its own resources. Customer crypto balances will not be affected.
- Potentially exposed customer data includes email addresses, residential addresses, encrypted passwords, KYC-related information and crypto account balances.
- No evidence of customer KYC documents being accessed has been found so far.
- Attackers exploited compromised backup signing keys that were generated around 8 years ago and stored in physical form.
- Unocoin says BitGo's infrastructure was not compromised. The transactions were authorised using Unocoin-controlled keys.
Unocoin is rebuilding its infrastructure, strengthening security controls and conducting further forensic investigations.
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