Search Results for: Bitcoin
RBI Advisory on Bitcoins causes a stir
After RBI released its advisory cautioning the public and Bitcoin intermediaries about the legal and financial risks, it is reported that many Bitcoin intermediaries have suspended their operations. Refer Indian Express Article here The intention of RBI’s advisory was mainly … Continue reading
RBI issues Advisory on Bitcoin
After a long wait, RBI finally came out with a caution advise on “Virtual Currency” with specific reference to Bitcoins. Copy of the Advisory is here RBI has conveyed caution on the potential financial, operational, legal, customer protection and security … Continue reading
TV Anchor robbed of his Bitcoins right on the show
In an amusing real life story that provides an interesting lesson in information security, a Bloomberg TV anchor found that his $20 worth Bitcoin holding was stolen by a viewer when the anchor displayed his private key on the show. … Continue reading
RBI …Bitcoin
[P.S: Kindly Note that subsequent to writing of this post in December 2013, and observing the lack of self regulatory attitude of the Bitcoin managers and the continuing use of the Bitcoin by criminals, Naavi has clarified his view on … Continue reading
Richest Bitcoin Owner
Though Bitcoin holdings in wallets are expressed in terms of hash values and donot publicly reveal the name of the owner, the transactions from one address to another are always public (part of the block chain). By systematically studying the … Continue reading
Is China playing out a Bitcoin Strategy?.. What should India do?
After what appeared to be a silent prop up of Bitcoin by China, over the last one week, China announced a series of measures that are now seen as a regulatory backlash. In the process BTC climbed upto US$ 1300 … Continue reading