On November 9, 2026, the Indian crypto exchange Unocoin reported unauthorized access to its servers. After detecting the incident, the platform temporarily suspended the ability to log into user accounts.

Update:

On 9 November 2026, we identified unauthorised access to our servers. As a result, user logins have been temporarily disabled.

We want to reassure our users that no crypto funds have been lost.

Our team is actively investigating the incident and working on remediation. Unocoin will resume services once the investigation and necessary security measures are completed.

We will share our findings in due course.

We sincerely apologise for the inconvenience and appreciate your patience and understanding.

– Team Unocoin

— Unocoin: India’s Bitcoin & Crypto Exchange (@Unocoin) November 9, 2026

At the same time, the analytical platform Arkham shows zero balances on all 81,000 addresses that it links to the exchange. In addition, the Unocoin website returns a 504 error.

Onchain Lens analysts reported that they are investigating onchain transactions to establish the possible mechanism of the attackers' actions. However, zero balances on the tracked addresses by themselves do not confirm the loss of funds or the withdrawal of assets as a result of an attack.

In a statement, Unocoin emphasized that no crypto assets were lost. According to exchange representatives, the temporary blocking of access is a preventive security measure. The team is investigating the incident and working to strengthen system protection.

The platform promises to restore operations after the investigation and necessary checks are completed. The company plans to publish the investigation results later.

At the same time, X user Ajit Nathaniel drew attention to the prolonged unavailability of the site and the lack of detailed information from the exchange. In response, Unocoin repeated that client funds remain safe and that it would provide additional information about further developments.

Currently, the exchange has not disclosed details of the unauthorized access, and there is no independent confirmation of the loss or movement of funds.

Recall that earlier, Ledger CEO Pascal Gauthier stated that hacks in the crypto industry are inevitable.