India Exchange Unocoin Suspends Withdrawals Following Central Bank Demands

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“Deposits/Withdrawals Notice,” came the post title from popular Indian cryptocurrency exchange Unocoin this week. “As per orders from RBI,” the exchange explained, “bank INR withdrawals and INR Deposits have temporarily been disabled. Once an alternative method of funding is identified and deployed, we will resume the deposit and withdrawal services.” Also read: Cryptowhispers: DDoS Attacks, … Read more

Coinbase Flexes Political Muscle, Beating While Joining Them

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Widespread reporting revealed the United States’ largest cryptocurrency bank, Coinbase, has formed a political action committee (PAC). This is the debate. Is onboarding broader sectors, mainstream folks, coming at too grave a cost? Is crypto’s philosophical soul worth greater adoption? One company is threading between those tensions, siding on the venial sin of being in … Read more

Tie a Message to Any Location Using the BCH-Powered Member Client

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There’s an interesting platform for the Bitcoin Cash (BCH) network called ‘Member,’ which allows users to post censorship resistant messages tied to specific locations around the world. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Member: Tethering Censorship Resistant Memos to Any Geographical Location With Bitcoin Cash   Over the past few weeks, since … Read more

$46 Million of Ether is Locked in a Pair of Ponzi Dapps

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The ethereum network has another pair of smash hit dapps. The decentralized applications have proven to be a viral success over the past week, amassing more transactions than IDEX and accruing seven-day trading volume of 180,000 ETH. There’s just one problem: both dapps are ponzi schemes in which virtually everyone who plays will lose. Also … Read more