Cryptocurrency news

Indian exchange Casha reported a wallet hack and theft of 336 BTC

Indian exchange Casha reported a wallet hack and theft of 336 BTC

The cryptocurrency exchange Cashaa from India reported that one of the company’s wallets was hacked and hackers managed to steal 336 BTC ($3.1 million).

On Twitter, the exchange reported that a wallet on the service was under attack All BTC from it was moved to the address 14RYUUaMW1shoxCav4znEh64xnTtL3a2ek. The company’s employees also notified law enforcement agencies in Delhi about the theft of bitcoins and asked other cryptocurrency exchanges to block transactions from the attacker’s wallet, if any are detected.

“The problem is not in our Bank accounts, all banking services work without interruption. However, we have stopped all cryptocurrency transactions. An emergency management meeting is taking place, which will determine our next actions. We apologize for the inconvenience,” Cashaa said in a statement.

The Indian publication CoinCrunch writes that the exchange’s specialists suspect that a virus has infected one of the computers used to make payments to users. The attacker gained access to this computer and, after the Cashaa employee entered the wallet, managed to withdraw bitcoins.

At the beginning of the year, the analytical company Chainalysis reported that the number of major hacks of cryptocurrency exchanges doubled in 2019, although the total amount of losses is less than in 2018.