Tag: India

Citibank India closes customer’s account for purchasing Bitcoin

According to a report by a reddit user, Citibank India allegedly closed the bank account of its user since he used his bank account to buy Bitcoins on Zebpay, a mobile Wallet in India. While the legal status of Bitcoin is uncertain in India, as the government is deliberating over its usage, there is no…
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Bitcoin Accepted Here

Bengaluru restaurant starts accepting Bitcoin

Bitcoin adoption is growing steadily all over the world. A restaurant in Bengaluru is the latest merchant to start accepting Bitcoin payments in India. Suryavanshi restaurants, located at Indiranagar and Whitefield now accept Bitcoin as a form of payment. Since starting the experiment, the restaurant has had only one payment made with Bitcoin, which took…
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Unocoin hacked, Bitcoins stolen, all user logins frozen

Unocoin, India’s largest Bitcoin wallet has been hacked and reportedly a few users has lost 0.25 BTC. Apart from few txns of 0.2505 BTC each,our server has stopped the txns & are in pending state. It will be cancelled/refunded as appropriate. — Unocoin (@Unocoin) August 6, 2017 At the time of writing, Unocoin has frozen…
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