Indian Bitcoin Exchange Unocoin Blocks Logins, Withdrawals Due to Security Concerns

in india •  8 years ago 

Unocoin, India’s best-funded bitcoin exchange, has stopped withdrawals and blocked access to customer accounts as a precautionary measure after discovering a security flaw on its server on Friday

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https://www.cryptocoinsnews.com/indian-bitcoin-exchange-unocoin-disables-logins-withdrawals-due-security-flaw/

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Hmmmmm ... Security flaw ? Its hard to trust exchanges. Power corrupts. Can you say cold storage.