Indian Bitcoin Exchange Coinsecure Claims ‎$3.5 Million ‎Lost in Insider Hack

[kreslik.news]

Nearly $3.5 million in bitcoin has been stolen by suspected insiders who broke into Indian ‎cryptocurrency exchange Coinsecure. The digital currency venue suspended ‎operations on Friday while it investigates the breach, saying it was working with ‎Delhi Police’s Cyber Cell.‎

‎“Our Bitcoin funds have been exposed and seemed to have been ‎siphoned out to an address that is outside our control,” the company ‎said in a statement late Thursday. However, Delhi-based Coinsecure ‎confirmed that its system wasn’t hacked or compromised and that even if funds are ‎not recovered, the exchange is willing to pay from its own pocket to ‎compensate customers. ... (read more)