Banks Freeze Company’s Accounts After Owner Traded on Localbitcoins

Banks Freeze Business' Accounts After Owner Traded on LocalbitcoinsThe owner of cryptocurrency mining electric bicycle retailer, 50cycles, recently had his company’s accounts with HSBC and Barclays frozen within hours of transacting on peer-to-peer cryptocurrency trading platform, Locabitcoins. Also Read: P2P Exchange Options Increasing for Crypto Traders in India HSBC and Barclays Freeze Accounts of 50cycles Scott Snaith, the owner of cryptocurrency mining electric bicycle […]

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EOS Decentralization Questioned as Block Producers Freeze Accounts

EOS Decentralization Questioned as Block Producers Freeze AccountsOn June 17, 2018, the 21 block producers or nodes that run the EOS network chose to freeze seven accounts that were allegedly stolen from EOS community members. According to reports, all 21 block producers unanimously decided to freeze the compromised assets but the decision was met with controversy from the EOS community, and possibly […]

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