Tag: Altcoin Exchange


Poloniex Blocks Bitcoin Trading Services In New York Following Controversial Bit License Requirement 2 Comments

Poloniex a very popular U.S. based cryptocurrency trading exchange platform will block New York residents from services beginning August 8th 2015. Users of the site have been issued an email warning letting them know they must remove funds if they reside in NY. “In accordance with the New York State Department of Financial Services, Poloniex will no longer be allowed to provide services to resi...


The Mysterious Disappearance And Transformation Of The Altcoin Exchange? No Comments

Since mid 2014 we have witnessed the mass extinction of many of the altcoin exchanges that had been in existence at the beginning of 2014. The question is “what happened”? Many say it is due to regulations while others attribute the disappearance to fraud and abuse. While a few cases can be chalked up to the above mentioned causes, noting some of the well known examples of Mt. Gox, MintP...