1 post • Page 1 of 1
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)