Gemini adding Litecoin trading & custody services

Gemini exchange adds Litecoin

Great news for all of us Litecoin holders, traders & supporters, Gemini the New York-based crypto exchange is finally adding Litecoin!

Fellow Moonwalkers,

We are thrilled to announce that Gemini will begin accepting Litecoin for trading and custody services. Beginning Saturday, October 13th at 9:30am EDT you will be able to deposit Litecoin into your Gemini account. Trading will begin on Tuesday, October 16th at 9:30am EDT.

You will be able to trade Litecoin against all other currencies offered on the Gemini Exchange: BTC, ETH, ZEC, USD. You will also be able to participate in daily auctions for Litecoin / USD.

We are supporting this new digital asset with the regulatory oversight of the New York State Department of Financial Services (NYSDFS) and are excited to provide customers with a safe, secure, and compliant method to buy, sell, and store new cryptocurrencies.

Read more about it on the Gemini Medium blog here.

Roger Ver offers “free money” for scam supporters

Roger Ver is now claiming that Bitcoin.com will have an ICO soon, where he wants to “give free money” to anyone holding bitcoin cash. Another attempt of Roger’s to scam support from the vulnerable newbs. Terrible

Roger Ver tries to publicly buy support for his upcoming ICO

Source: Chris Derose show Bitcoin Unlimited. Beware, it’s a pro-Bcash show with 100% bias towards Bcash.

Tips on keeping a healthy & safe crypto space

Tips to keeping a safe and healthy crypto space:

1. If added to telegram chats unsolicited, report spam & leave group

I never joined Hyperion group. Report Spam. Leave group

2. See Twitter ETH giveaway scams, report them!

Report them. Block them.

Always report Tweet & block anyone with these 10k ETH giveaways

3. Never feed bcashers (after midnight lol), you do not want to see heads explode, as they all have built-in self destruct button

Don’t feed them, they survive off any attention!

4. If anyone tells you “BCH is Bitcoin”, they are scammers.

There is a long list of these scammers, names like: Calvin Ayre, Ryan X Charles, Roger Ver, Jimmy Nguyen, and many more. Be careful out there!

Coinbase account terminated

On June 11th I received an email from Coinbase about account problem. I login to my Coinbase account to see this message:

NOTICE OF ACCOUNT CLOSURE
Unfortunately, we had to close your Coinbase account. Before your account can be closed, you will need to withdraw your digital currency to an external wallet and any other funds (such as USD) to a bank account associated with your Coinbase account. Please take precautions when transferring digital currency to an external wallet, as transfers outside of Coinbase are irreversible. Please also be sure to delete any external references to digital currency addresses generated by Coinbase, as funds sent to those addresses will not be accessible once the account is closed. If you have any questions you may visit https://support.coinbase.com.

I quickly submitted a support ticket

My message: “Hi, i see my account is being closed, i had no warning and i’m not exactly sure why this is happening, can you please explain?”

Coinbase reply: “Thanks for contacting Coinbase Support. I’m sorry to hear your concern regarding your account closure. Let me help you with this one.

Our primary goal is to make our platform safe and secure for our customers. Coinbase is a regulated Money Services Business under FinCEN (FinCEN.gov), and as part of our responsibility, we are legally obligated to implement regulatory compliance mechanisms.

We regret to inform you that we are no longer able to support your Coinbase account as well as any other accounts you may have created. Please note, we have not blocked access to the balance currently in your Coinbase account; while we can no longer process brokerage orders via our banking relationship, you may still send your balance offsite to an external address.

There are a variety of factors which have been weighed in your case, and we unfortunately are unable to elaborate on our internal decision process. Please know that we do not make these decisions lightly, and do regret losing you as a customer.

We wish you all the best in your future endeavors. Thank you for your understanding. Please reply to this email if you continue to have issues or need help with anything else. Take care and have a nice day ahead.

Best regards,
Ron”

I have since seen more people had accounts closed on this Reddit thread including GAB & Wikileaks.

Coinbase, what has happened to you, terminating legitimate 5 year old customers accounts, and more importantly not giving any reason!!! bad bad.

EOS news

EOS mainnet is launching and most exchanges are supporting the token swap.

Binance says: “After communicating directly with the EOS Team, Binance has confirmed that the EOS ERC20 Token Network will be frozen at 2018/06/02 9:59:59 PM UTC.

As such, Binance will reopen EOS deposits until 2018/06/02 4:00 PM UTC, at which point we will suspend deposits again and process the EOS Mainnet Swap as previously announced.”

Gate says: “Gate.io has completed the mapping of the EOS main network, and all users will obtain EOS main network assets after the EOS main line.
For the follow-up EOS main network candy airdrop (such as IQ, etc.), we use a unified program for everyone to airdrop. Our philosophy is that although “Candy” is delicious, it may also be “poisonous.” We need to carefully evaluate it, and we must not “take risks” to “eat candy.” Also please all users who receive candy outside the platform must be careful operation, beware of phishing sites, do not expose their private key to other platforms, executable wallet file may contain viruses, be cautious! The specific scheme of gate.io is as follows:

Airdrop conditions:
1. The project has a regular team operation and can get in touch with the project party and confirm technical problems.
2, Project airdrop has a clear snapshot time point
3, project code is safe and reliable, with a trusted third-party security audit report
4. The total amount and distribution of project tokens are transparent
5, the project has enough community consensus and community base
6. If an airdrop is sent directly to the exchange’s wallet address without any operation, a specific operation is required. The project owner is required to contact gate.io in advance to inform the operation method and confirm whether the operation is successful. Contact support@mail.gate.io. If the project owner’s specific operation requires the use of a platform cold purse, gate.io will refuse to collect it, as it will put everyone’s funds at risk.”

Bitfinex says: “EOS ERC20 tokens will be frozen by Block.one on June 2nd, 22.00 UTC. Bitfinex will freeze deposits and withdrawals 6 hours before the airdrop, at 16:00 UTC. Please note that this time differs from the update released two days ago.

We would like to remind our users that we cannot guarantee the precise conversion of tokens sent to users deposit addresses after 16:00 UTC due to Ethereum network fees.

Cobinhood says: “EOS Mainnet token swap. The EOS public test network has been officially released. All EOS ERC20 tokens will need to be registered with EOS mainnet before the 2nd of June 2018, 06:59:59 (UTC+8) in order to claim future EOS Blockchain tokens.”

Also, Binance has added USDT/EOS trading pairs since last week Join Binance here. 🙂