Category Archives: Bitcoin Exchanges

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.

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!

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/

Lots happening at Binance crypto exchange

Binance is one of the leading Bitcoin and crypto exchanges in the world. It’s currently the #1 trading volume crypto currency exchange, according to statistics by Coinmarketcap. Check them here.

1. Binance offering $250,000 worth of Binance Coin (BNB) for information leading to the capture of the recent API hackers.

From their own words: “Binance is offering a $250,000 USD equivalent bounty to anyone who supplies information that leads to the legal arrest of the hackers involved in the attempted hacking incident on Binance on March 7th, 2018.”
see more here.

2. Binance added QTUM/USDT trading pair & 50,000 QTUM giveaway. QTUM is a top 20 market cap crypto with huge following.

From their own words: To celebrate QTUM/BNB and QTUM/USDT trading pairs now being available on Binance, we have committed a total of 50,000 QTUM to give away to our fans worldwide. Users will be ranked in terms of the total QTUM volume traded on their Binance account (including both Buys & Sells) across all QTUM trading pairs during the competition period.
see more here.

3. Binance has finally added the top 15 market cap coin NEM.

From their own words: XEM/BNB, XEM/BTC and XEM/ETH trading pairs are now available on Binance for trading. You can start depositing and trading XEM now.
see more here.

Binannce

Join Binance and begin trading today

Universa’s amazing flash SPIKE yesterday

Universa is a Russian ICO that has trading going live already on Cobinhood and HitBTC. The latest price range of Universa (UTNP) has been about 350 – 500 satoshi’s, about $0.4 – 0.5 cents. Yesterday I logged into my Cobinhood account and noticed all my UTNP sells had vanished, so after investigating I learned that Universa had a flashspike! It rose to 5000 satoshi’s for a minute on Cobinhood (about $0.50!!!)

So guys, it went from 0.00000400 to 0.00005000!!!

over 10x gains with Universa for some of us!

HUGE gains were made to myself personally and anyone else who set very high limit sell orders for Universa on Cobinhood. These situations are hard to plan for, but it’s a sure reminder to always have your limit orders “in order” always!

Here is Coinmarketcap screenprint of Universa, here you can see huge spike, but it doesn’t show the 10x spike that actually did happen in Cobinhood.

Coinmarketcap showing Universa spike


screenprint came from here.

Beware scammers posing as HitBTC reps

Scammers using HitBTC representations are rigorously aiming to scam anyone they can. So far I know they’ve been contacting members of the HitBTC forums.

They have ICQ accounts using the real HitBTC logos as their avatars. (Scammer ICQ: 723627901)
They even have the domain HitBTC.biz and send emails from support@hitbtc.biz (scammer email) as real .com reps

.

As you can see, the user “Death-Note” is most likely part of the scam.

HitBTC support replies:

Dear traders! HitBTC.biz are scammers, do not give them your personal information. HitBTC.com is the only right address. Follow basic internet security measures: don’t visit unknown suspicious links, check your PC for malware on a regular basis, and everything will be fine.

Another way they are phishing for our personal informations is through ICQ. I’ve been contacted via ICQ by someone who claims to be part of the HitBTC team. To confirm about this I asked the HitBTC team in a thread, posted below:

.

Dear @TalkBitcoinsCom HitBTC support team has no ICQ support service. We strongly recommend you to not talk to these people. Don’t visit unknown suspicious links, check your PC for malware on a regular basis, and everything will be fine.

As you can see, another confirmed scamming or phishing attempt.

We all need to beware, these scammers are rigorously attempting to steal anything they can from you, information, money, crypto, ANYTHING.