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Unocoin login suspension continues; exchange flags outgoing BitGo ETH transactions

Indian crypto exchange Unocoin has flagged outgoing ether transactions to BitGo as its multi-day login suspension continues. The exchange did not say when access would be restored or what caused the outage. BitGo is a crypto custody provider; Unocoin is one of India’s longest-running exchanges.

Original source

AI take

A multi-day login freeze at one of India's longest-running exchanges, paired with a warning about outgoing ether flows to a custody provider, points to a settlement or custody-side issue rather than routine maintenance — though Unocoin has disclosed neither a cause nor a restoration timeline. The opacity is the story for a venue whose longevity has made it a reference point for Indian retail access. What's worth watching is whether the exchange clarifies the nature of the BitGo transactions and whether the suspension extends further; until then, the lack of explanation is itself the signal.

Generated by AI for reference only.

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