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http://btcsessions.ca/
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The Winklevoss Twins Gemini USD stablecoin is giving some OTC traders headaches when they try to cash out to fiat. Multiple trading desks are reporting having their accounts shut when trying to redeem the token for USD. Others think this may just be competition trying to gain market share.
https://www.coindesk.com/winklevoss-crypto-gemini-gusd-stablecoin-redemption
Canadian Bitcoin exchange QuadrigaCX continues to have drama surrounding it – lucky for them a judge has ruled to block potential legal action against the firm on behalf of customers. At the same time, the CEO of Kraken, as well as many other online sleuths, are tracking funds and trying to discover how truthful the company has been regarding the state of affairs with their cold storage wallets.
https://www.coindesk.com/judge-moves-to-block-potential-lawsuits-against-quadrigacx-exchange
https://www.ccn.com/wheres-the-missing-150-million-crypto-exchange-quadrigacxs-fiasco-gets-weirder-with-new-research
To combat insolvent exchanges being untruthful, bitcoin company Blockstream has unveiled a tool called “Proof of Reserves.
https://bitcoinist.com/blockstream-proof-of-reserves-bitcoin/
Mt Gox – the now defunct exchange that suffered a major loss of funds in 2014 has apparently been busy selling off coins on the open market – and this may have contributed to continued slumps in the price of Bitcoin.
https://bitcoinist.com/mt-gox-trustee-dump-bitcoin-2018/
We are officially in the longest bear market in Bitcoin’s 10 year history. I feel pretty good though… how about you?
https://www.ccn.com/bitcoins-longest-bear-market-hits-6-month-milestone-the-usd-strolled-past-the-79-year-mark
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