Unocoin offline after security incident as 81,000 wallets show zero holdings
AI summary
Indian exchange Unocoin has been inaccessible since a November 9 security incident, and Arkham Intelligence shows zero holdings across roughly 81,000 addresses tied to the exchange. Unocoin confirmed the incident in a November 9 statement but the site remains down. A possible loss of customer funds at a regional exchange is a confidence hit for Indian crypto users and a reminder of custody risk, though the market-wide price impact is likely limited.
