Kraken responds to New York crypto exchange crackdown

This week, New York Attorney General (AG) Eric Schneiderman announced that his office is opening an inquiry into cryptocurrency exchange operations. Several exchanges, including Gemini, Binance, bitFlyer, Bittrex and Kraken are targets of Schneiderman’s wrath, with the inquiries being focused …

This week, New York Attorney General (AG) Eric Schneiderman announced that his office is opening an inquiry into cryptocurrency exchange operations. Several exchanges, including Gemini, Binance, bitFlyer, Bittrex and Kraken are targets of Schneiderman’s wrath, with the inquiries being focused more on the companies’ business practices and systems. Kraken’s co-founder, Jesse Powell, took to Twitter to give his take on the situation, calling the investigation “insulting.”

Powell started by saying, “Somebody has to say what everybody’s actually thinking about the NYAG’s inquiry. The placative kowtowing toward this kind of abuse sends the message that it’s ok.” He went on to point out that it is obvious that regulators are clueless when it comes to discerning what businesses want, as well as what consumers want.

Somebody has to say what everybody’s actually thinking about the NYAG’s inquiry. The placative kowtowing toward this kind of abuse sends the message that it’s ok. It’s not ok. It’s insulting. https://t.co/sta9VuXPK1pic.twitter.com/4Jg66bia1I

— Jesse Powell (@jespow) April 18, 2018

Kraken wisely exited the state in 2015. Many in the cryptocurrency industry, including Powell, feel that New York is hostile to digital currency. Their estimation of the crypto atmosphere in the state has a solid foundation, as the exchanges have been presented with a 34-page demand by AG Schneiderman that has to be completed and returned within two weeks.

Everything was running relatively smoothly in New York pre-2015. However, that year, lawmakers approved a series of regulations called BitLicense, and more than 10 exchanges called it quits, removing their operations from the state. To date, only three BitLicenses have been awarded, going to Ripple, Coinbase and Circle. Other applicants have applied, but they were all rejected.

Schneiderman initiated the inquiry in conjunction with his Virtual Markets Integrity Initiative. While it may seem like a solid effort to protect consumers, it would be highly prudent to ask who will be reviewing the information submitted by the exchanges, if they choose to buckle. What experts in the fields of cryptocurrencies and finances have been sought out to analyze the data? Nothing in his résumé indicates that he has formal training in either category.

It’s a safe bet that Kraken doesn’t intend to respond to the inquiry, and others may follow suit. What ramifications will follow remain to be seen, but it’s important that business leaders stick to their guns when facing illegitimate attacks. Powell made a good suggestion in his Twitter rebuttal, stating that perhaps the markets themselves should decide what’s important to consumers.

Powell signed the tweet with a succinct, yet poignant, “Good luck, New Yorkers.”

Note: Tokens on the Bitcoin Core (segwit) Chain are Referred to as BTC coins. Bitcoin Cash (BCH) is today the only Bitcoin implementation that follows Satoshi Nakamoto’s original whitepaper for Peer to Peer Electronic Cash. Bitcoin BCH is the only major public blockchain that maintains the original vision for Bitcoin as fast, frictionless, electronic cash.

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Bitcoin Lightning 24 Hour Trading Volume Tops $0.00 (BLT)

Investors seeking to acquire Bitcoin Lightning should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, Coinbase or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Bitcoin Lightning using one of the aforementioned …

Bitcoin Lightning logoBitcoin Lightning (CURRENCY:BLT) traded flat against the dollar during the 1-day period ending at 0:00 AM E.T. on April 12th. In the last week, Bitcoin Lightning has traded down 31.7% against the dollar. One Bitcoin Lightning coin can now be bought for $3.05 or 0.00030803 BTC on major exchanges including TOPBTC, BCC Exchange, Quoine and Lbank. Bitcoin Lightning has a market cap of $0.00 and $0.00 worth of Bitcoin Lightning was traded on exchanges in the last day.

Here’s how other cryptocurrencies have performed in the last day:

How to Become a New Pot Stock Millionaire

  • Ripple (XRP) traded up 14.8% against the dollar and now trades at $0.84 or 0.00010040 BTC.
  • Stellar (XLM) traded up 0.4% against the dollar and now trades at $0.37 or 0.00004488 BTC.
  • IOTA (MIOTA) traded 6.1% higher against the dollar and now trades at $1.79 or 0.00021471 BTC.
  • NEO (NEO) traded up 1.4% against the dollar and now trades at $74.91 or 0.00900360 BTC.
  • TRON (TRX) traded 0.5% higher against the dollar and now trades at $0.0503 or 0.00000605 BTC.
  • Tether (USDT) traded 0.2% lower against the dollar and now trades at $1.00 or 0.00011989 BTC.
  • VeChain (VEN) traded 3.1% higher against the dollar and now trades at $3.73 or 0.00044840 BTC.
  • Binance Coin (BNB) traded down 1% against the dollar and now trades at $12.20 or 0.00146678 BTC.
  • Ontology (ONT) traded 0.8% higher against the dollar and now trades at $4.41 or 0.00053064 BTC.
  • Populous (PPT) traded up 0.5% against the dollar and now trades at $24.28 or 0.00291887 BTC.

Bitcoin Lightning Coin Profile

Bitcoin Lightning launched on November 10th, 2017. Bitcoin Lightning’s official Twitter account is @BloomToken. Bitcoin Lightning’s official website is bitcoin.org. The official message board for Bitcoin Lightning is bitcointalk.org. The Reddit community for Bitcoin Lightning is /r/bitcoin and the currency’s Github account can be viewed here.

According to CryptoCompare, “Bitcoin Lightning is a coin designed to send fast, low-cost and secure transactions worldwide.”

Buying and Selling Bitcoin Lightning

Bitcoin Lightning can be traded on these cryptocurrency exchanges: Korbit, QuadrigaCX, CoinEgg, Bibox, Bitcoin Indonesia, WEX, Liqui, Binance, GetBTC, xBTCe, Bittrex, Gatecoin, Bitstamp, itBit, Gemini, ACX, BitGrail, Luno, Zaif, BTC Markets, Coinsquare, Fisco, Bit-Z, BTCBOX, EXX, Allcoin, Kucoin, CEX.IO, OEX, Exmo, BX Thailand, Negocie Coins, CoinsBank, CoolCoin, TOPBTC, AidosMarket, Coinfloor, Paribu, GOPAX, Bitbank, YoBit, bitFlyer, ZB.COM, BitMEX, Coinrail, Huobi, HitBTC, Bitonic, GDAX, Poloniex, Bitso, CoinFalcon, Tidex, BL3P, RightBTC, Bitfinex, BTCC, BitBay, Cryptopia, Gate.io, OKEx, Foxbit, Livecoin, Upbit, Lbank, AEX, Coinone, Quoine, BtcTrade.im, Bithumb, BCC Exchange and LakeBTC. It is usually not possible to purchase alternative cryptocurrencies such as Bitcoin Lightning directly using U.S. dollars. Investors seeking to acquire Bitcoin Lightning should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, Coinbase or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Bitcoin Lightning using one of the aforementioned exchanges.

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KickCoin Hits One Day Trading Volume of $949388.00 (KICK)

One KickCoin token can currently be purchased for about $0.0858 or 0.00001032 BTC on popular cryptocurrency exchanges including EtherDelta, HitBTC, Gate.io and Exmo. KickCoin has a market capitalization of $39.04 million and approximately $949,388.00 worth of KickCoin was traded on …

KickCoin logoKickCoin (CURRENCY:KICK) traded 3.5% higher against the U.S. dollar during the 1-day period ending at 23:00 PM ET on April 12th. One KickCoin token can currently be purchased for about $0.0858 or 0.00001032 BTC on popular cryptocurrency exchanges including EtherDelta, HitBTC, Gate.io and Exmo. KickCoin has a market capitalization of $39.04 million and approximately $949,388.00 worth of KickCoin was traded on exchanges in the last day. In the last seven days, KickCoin has traded 13.3% higher against the U.S. dollar.

Here’s how related cryptocurrencies have performed in the last day:

How to Become a New Pot Stock Millionaire
  • Ripple (XRP) traded 17.1% higher against the dollar and now trades at $0.85 or 0.00010228 BTC.
  • Stellar (XLM) traded up 0.4% against the dollar and now trades at $0.37 or 0.00004504 BTC.
  • IOTA (MIOTA) traded up 6% against the dollar and now trades at $1.78 or 0.00021407 BTC.
  • NEO (NEO) traded 1.3% higher against the dollar and now trades at $74.94 or 0.00900820 BTC.
  • TRON (TRX) traded up 0.4% against the dollar and now trades at $0.0503 or 0.00000604 BTC.
  • Tether (USDT) traded 0.1% lower against the dollar and now trades at $1.00 or 0.00011992 BTC.
  • VeChain (VEN) traded 3.2% higher against the dollar and now trades at $3.74 or 0.00044942 BTC.
  • Binance Coin (BNB) traded up 0.1% against the dollar and now trades at $12.29 or 0.00147734 BTC.
  • Ontology (ONT) traded 1.9% higher against the dollar and now trades at $4.43 or 0.00053211 BTC.
  • Populous (PPT) traded up 1% against the dollar and now trades at $24.18 or 0.00290622 BTC.

About KickCoin

KickCoin’s genesis date was September 25th, 2017. KickCoin’s total supply is 488,576,183 tokens and its circulating supply is 454,933,136 tokens. KickCoin’s official message board is medium.com/@kickico. KickCoin’s official website is www.kickico.com. KickCoin’s official Twitter account is @KICKICOplatform and its Facebook page is accessible here. The Reddit community for KickCoin is /r/KICKICO_Platform and the currency’s Github account can be viewed here.

According to CryptoCompare, “KickCoin is a cryptocurrency that will be accepted and used by the projects that are launched on the KICKICO platform (as well as by all its partners). KICK will be primarily used as a payment method on the platform. KICKICO takes half the commission (4%) of ICO campaigns launched in their tokens to the KICKONOMY fund. KickCoin can’t be mined by users and are instead emitted during the fundraising process – whenever somebody contributes to the campaign directly to the smart contract address, new KickCoins are minted and sent to the address, from which the payment in ETH was made. “

KickCoin Token Trading

KickCoin can be bought or sold on the following cryptocurrency exchanges: Gate.io, Exmo, Mercatox, HitBTC, EtherDelta, YoBit and IDEX. It is usually not possible to buy alternative cryptocurrencies such as KickCoin directly using US dollars. Investors seeking to trade KickCoin should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, Gemini or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy KickCoin using one of the exchanges listed above.

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Golem Hits 1-Day Trading Volume of $29.87 Million (GNT)

Golem (CURRENCY:GNT) traded 0.7% higher against the dollar during the 1 day period ending at 21:00 PM Eastern on April 19th. One Golem token can currently be bought for approximately $0.45 or 0.00005429 BTC on exchanges including Bitfinex, Cobinhood, Tux Exchange and Heat Wallet. Golem …

Golem logoGolem (CURRENCY:GNT) traded 0.7% higher against the dollar during the 1 day period ending at 21:00 PM Eastern on April 19th. One Golem token can currently be bought for approximately $0.45 or 0.00005429 BTC on exchanges including Bitfinex, Cobinhood, Tux Exchange and Heat Wallet. Golem has a market cap of $376.88 million and $29.87 million worth of Golem was traded on exchanges in the last 24 hours. In the last seven days, Golem has traded up 54.2% against the dollar.

Here’s how other cryptocurrencies have performed in the last 24 hours:

How to Become a New Pot Stock Millionaire
  • Ripple (XRP) traded up 15.5% against the dollar and now trades at $0.83 or 0.00009934 BTC.
  • Stellar (XLM) traded up 1.5% against the dollar and now trades at $0.37 or 0.00004469 BTC.
  • IOTA (MIOTA) traded up 7.6% against the dollar and now trades at $1.80 or 0.00021635 BTC.
  • NEO (NEO) traded 3% higher against the dollar and now trades at $75.02 or 0.00901548 BTC.
  • TRON (TRX) traded up 3.6% against the dollar and now trades at $0.0501 or 0.00000602 BTC.
  • Tether (USDT) traded 0.2% lower against the dollar and now trades at $1.00 or 0.00011982 BTC.
  • VeChain (VEN) traded 4% higher against the dollar and now trades at $3.74 or 0.00044951 BTC.
  • Binance Coin (BNB) traded up 0.8% against the dollar and now trades at $12.32 or 0.00148003 BTC.
  • Ontology (ONT) traded up 7% against the dollar and now trades at $4.55 or 0.00054676 BTC.
  • Populous (PPT) traded up 3% against the dollar and now trades at $24.41 or 0.00293327 BTC.

Golem Profile

Golem’s genesis date was November 17th, 2016. Golem’s total supply is 1,000,000,000 tokens and its circulating supply is 834,262,000 tokens. Golem’s official Twitter account is @golemproject and its Facebook page is accessible here. Golem’s official message board is blog.golemproject.net. The Reddit community for Golem is /r/GolemProject and the currency’s Github account can be viewed here. Golem’s official website is golem.network.

According to CryptoCompare, “The Golem Network is a decentralized computation network. Using Golem users can buy or sell computational power from other users in a peer to peer environment. Golem is built using Ethereum smart contracts as a transaction system for nano-payments within the network. Golem Network Tokens (GNT) will serve as a secure medium for all transactions within the Golem Network. “

Buying and Selling Golem

Golem can be bought or sold on the following cryptocurrency exchanges: Bitfinex, Gate.io, Liqui, CryptoDerivatives, Cobinhood, Upbit, Tidex, Tux Exchange, Huobi, Mercatox, Poloniex, Exrates, Bittrex, Abucoins, Heat Wallet and Cryptopia. It is usually not presently possible to purchase alternative cryptocurrencies such as Golem directly using U.S. dollars. Investors seeking to acquire Golem should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, GDAX or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Golem using one of the aforementioned exchanges.

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Bitcoin Gold Trading 31.6% Higher Over Last Week (BTG)

The purpose of Bitcoin Gold is to make mining decentralized again following Satoshi Nakamoto’s vision of “1 CPU = 1 vote”.” Buying and Selling Bitcoin Gold. Bitcoin Gold can be bought or sold on these cryptocurrency exchanges: QuadrigaCX, Bitcoin Indonesia, WEX, CoolCoin, CEX.IO, bitFlyer, GDAX …

Bitcoin Gold logoBitcoin Gold (CURRENCY:BTG) traded 7.4% higher against the U.S. dollar during the 24-hour period ending at 19:00 PM Eastern on April 19th. One Bitcoin Gold coin can currently be purchased for about $59.48 or 0.00720272 BTC on popular exchanges including Lbank, Korbit, Bitso and Coinrail. Bitcoin Gold has a total market cap of $1.01 billion and $36.54 million worth of Bitcoin Gold was traded on exchanges in the last 24 hours. Over the last week, Bitcoin Gold has traded 31.6% higher against the U.S. dollar.

Here is how similar cryptocurrencies have performed over the last 24 hours:

How to Become a New Pot Stock Millionaire

  • Zcash (ZEC) traded up 6.2% against the dollar and now trades at $263.15 or 0.03186590 BTC.
  • Bitcoin Private (BTCP) traded up 16.3% against the dollar and now trades at $31.70 or 0.00383846 BTC.
  • ZenCash (ZEN) traded 5.9% higher against the dollar and now trades at $37.34 or 0.00452204 BTC.
  • ZClassic (ZCL) traded 1.6% higher against the dollar and now trades at $6.19 or 0.00074992 BTC.
  • BitcoinZ (BTCZ) traded up 0.3% against the dollar and now trades at $0.0041 or 0.00000050 BTC.
  • Zero (ZER) traded up 13.9% against the dollar and now trades at $1.03 or 0.00012520 BTC.
  • Bitgem (BTG) traded 0.2% higher against the dollar and now trades at $10.85 or 0.00131360 BTC.
  • VoteCoin (VOT) traded up 26.6% against the dollar and now trades at $0.0111 or 0.00000134 BTC.

About Bitcoin Gold

Bitcoin Gold (BTG) is a proof-of-work (PoW) coin that uses the Equihash hashing algorithm. Its launch date was October 25th, 2017. Bitcoin Gold’s total supply is 17,053,499 coins and its circulating supply is 16,953,499 coins. Bitcoin Gold’s official message board is bitcointalk.org. The official website for Bitcoin Gold is bitcoin.org. The Reddit community for Bitcoin Gold is /r/bitcoin and the currency’s Github account can be viewed here. Bitcoin Gold’s official Twitter account is @bitcoingold and its Facebook page is accessible here.

According to CryptoCompare, “Bitcoin Gold is a fork of the Bitcoin blockchain that occurred at block 491407. It implements a new PoW algorithm, Equihash, which makes it ASIC-resistant and can only be mined by GPUs rigs. The purpose of Bitcoin Gold is to make mining decentralized again following Satoshi Nakamoto’s vision of “1 CPU = 1 vote”.”

Buying and Selling Bitcoin Gold

Bitcoin Gold can be bought or sold on these cryptocurrency exchanges: QuadrigaCX, Bitcoin Indonesia, WEX, CoolCoin, CEX.IO, bitFlyer, GDAX, Gatecoin, BL3P, EXX, HitBTC, ZB.COM, Bitso, Bitstamp, BitMEX, Poloniex, Bitbank, Coinfloor, Huobi, BitMarket, Livecoin, Mr. Exchange, BtcTrade.im, BTCBOX, Bitonic, Coinone, LakeBTC, BTCTurk, BitBay, Quoine, Bibox, Kucoin, Gate.io, Coinroom, Bittrex, Fisco, Foxbit, OKEx, Upbit, CoinEgg, Cryptopia, Tidex, Bit-Z, BitGrail, Coinnest, Negocie Coins, Liqui, Independent Reserve, ACX, Binance, Coinsquare, BX Thailand, Luno, xBTCe, Bithumb, BTCC, BTC Markets, Zaif, Bleutrade, Coinrail, itBit, GetBTC, CoinExchange, RightBTC, BigONE, Bitfinex, Gemini, YoBit, Lbank, Korbit, Allcoin and Paribu. It is usually not presently possible to buy alternative cryptocurrencies such as Bitcoin Gold directly using US dollars. Investors seeking to acquire Bitcoin Gold should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Gemini or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Bitcoin Gold using one of the aforementioned exchanges.

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