Members Digest

Bearish: Indian police have seized an ATM that was set up by local cryptocurrency exchange Unocoin in Bangalore. Harish BV, co-founder and CTO of the Unocoin, has been arrested while he was attending the crypto ATM. Reminder: earlier in April, the Reserve Bank of India...

Bearish: on October 15, Tether (USDT) has lost its USD-peg, crashing down on Kraken to $0.85 against physical USD, and as low as $0.51 on Poloniex, before recovering to $0.9. The crash resulted in a capital flight from the stablecoin to traditional crypto assets, so...

Bearish: after a few months of withdrawal delays, cryptocurrency exchange Bitfinex has temporarily suspended USD deposits, expecting the situation "to normalize within a week". Bitcoin is being traded with ~2% premium on Bitfinex, which might be connected to USDT price decline from $1 to $0.98....

Bearish: the US-based crypto exchange Bittrex announced a delisting of Bitshares (BTS), Bitcoin Gold (BTG), and Bitcoin Private (BTCP). One of the world's leading crypto exchanges Binance announced a delisting of 4 coins and tokens, such as CHAT, ICN, TRIG, and privacy-oriented Bytecoin (BCN), which...

Important: the SEC, CFTC, and FBI have taken actions against international Bitcoin-funded securities dealer 1pool Ltd., also known as 1Broker. The charges have been filed against Marshall Islands-registered 1pool Ltd., and its Austria-based CEO, Patrick Brunner, “for allegedly violating the federal securities laws in connection...