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. 🙂

Gemini adding Zcash

Gemini announced they’re adding Zcash to their platform on May 19, 2018.

Gemini Is Now the World’s First Licensed Zcash Exchange!

We are excited to announce support for Zcash trading and custody. Starting on Saturday, May 19th at 9:30am EDT customers will be able to start depositing Zcash into their Gemini accounts. Trading will begin on Tuesday, May 22nd at 9:30am EDT.

We have been working closely with the New York State Department of Financial Services (NYSDFS) to obtain approval to offer Zcash trading and custody services to our customers as a New York trust company. Our approval makes Gemini the first licensed Zcash exchange in the world. It also makes the NYSDFS the first regulatory agency in the world to supervise Zcash, reaffirming their position as the leading financial regulator in the area of digital assets. To learn more read our blog post.

Zcash pumped 30% today, probably due to this news. Litecoin is being added to Gemini exchange next!

Roger Ver Bitcoin lies

Roger Ver claims Bitcoin has up to $50 transaction fees, he still claims this TODAY in 2018. I hate to see these lies he is spreading. If he’s using a fair argument and fighting fairly, I would respect that, but he is not.

I am sending 1 BTC today,

$0.33 cents to send 1 bitcoin that’s equal to $8,342

Hey “Roger the liar” can you please tell me where you’re seeing high fees? By the way, you also have the option to send at “economy” level for only 1 sat! (1 cent, $0.01 USD fee)

Sleazeball

Roger Ver = liar, fraud, scammer

Bitcoin Cash = bcash

Another ZCL & BTC fork into Anonymous Bitcoin

There is another Zclassic & Bitcoin forking into Anonymous Bitcoin in September, 2018. (BTCA, ticker will be confirmed later).

The team behind Anonymous Bitcoin claimm to improve the fork situation, in comparison to the previous fork of ZCL & BTC into Bitcoin Private (BTCP). They plan to work with exchanges prior to launching, with confirmation about listings. This was one major problem that BTCP ran into.

For more information about AnonymousBitcoin check their official pages.
Website: https://www.anonymousbitcoin.io
Twitter: https://twitter.com/BTCA_FORK

EOS is airdropping eosDAC on April 15

Get prepared! For us holding EOS, (the now #5 top crypto in the world), get ready for the eosDAC airdrop coming April 15th

Supporting exchanges include: Gate.io, Okex, Cobinhood, Bithumb, Upbit, Huobi, Coinex, and many more (mostly Asian exchanges).

For more information about eosDAC check their official pages.
Website: https://eosdac.io
Twitter: https://twitter.com/eosdac
Reddit: https://www.reddit.com/r/EOSDAC/