According to a recent security incident report released by Indian cryptocurrency exchange Unocoin, three of its more than 20 operating hot wallets were compromised, with preliminary estimates of cryptocurrency losses at approximately $200,000. Unocoin stated that the incident was caused by the leakage of its self-controlled backup signing keys, not by infrastructure issues with its hosting partner, BitGo. The report also indicated that some of the funds involved have been frozen, and some customer information may be at risk of leakage (no evidence has yet been found that customer KYC documents were accessed). Unocoin stated that it will use its own funds to fully cover the losses and will not deduct from user account balances. It is currently continuing its forensic investigation and infrastructure reconstruction, and services have not yet been restored. It is worth noting that Unocoin had previously denied any financial losses. [https://www.(wublock123.com)/news/unocoin-hot-wallet-hacked-200k-backup-signing-key-leak-71982](https://www.wublock123.com)/news/unocoin-hot-wallet-hacked-200k-backup-signing-key-leak-71982)