Unocoin
CompanySecurity timeline
- In the news by Bitcoin.com NewsUnocoin admits about $200,000 crypto theft and possible customer data exposure
- In the news by CryptopolitanUnocoin says funds left a frozen BitGo wallet via a backup key path
Recent news
Unocoin admits about $200,000 crypto theft and possible customer data exposure
Indian exchange Unocoin confirmed on Saturday 14 November that attackers stole roughly $200,000 in cryptocurrency from three compromised hot wallets, reversing its earlier statement that no funds were lost. The company also acknowledged that sensitive customer information may have been exposed.
Unocoin says funds left a frozen BitGo wallet via a backup key path
Unocoin says BitGo's freeze on its account held on 6 November, yet funds left a wallet BitGo had confirmed as frozen on 13 November. It suspects a backup recovery path in BitGo's multisignature wallets was exploited, while BitGo's documents say its recovery tool lets clients move assets without BitGo and bypass their policies. Unocoin has suspended services since 9 November and is rebuilding its server stack.