• Unocoin detected unauthorized access to its servers and temporarily disabled user logins.
  • Arkham is showing zero balances across 81,000 addresses linked to the exchange.
  • Unocoin says users’ crypto assets were not affected, and the incident is under investigation.

November 9, 2026, Indian crypto exchange Unocoin reported unauthorized access to its servers. After detecting the incident, the platform temporarily suspended user account logins.

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

Meanwhile, analytics platform Arkham is showing zero balances across all 81,000 addresses it links to the exchange. In addition, the Unocoin website is returning a 504 error.

Onchain Lens analysts reported that they are reviewing onchain transactions to determine a possible attacker playbook. However, zero balances on tracked addresses alone do not confirm a loss of funds or an asset outflow as a result of an attack.

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

The platform says it will resume operations after the investigation and required checks are completed. The company plans to publish the results of the investigation later.

Meanwhile, X user Ajit Nathaniel pointed out the site’s prolonged downtime and the lack of detailed information from the exchange. In response, Unocoin reiterated that client funds remain safe, and that it will provide further updates as the situation develops.

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

As a reminder, Ledger CEO Pascal Gauthier previously said that hacks are inevitable in the crypto industry.