Poloniex supports sanctions against Russia

Poloniex supports sanctions against Russia by the termination of services to the Russian citizens
21 August 2017   2735

Poloniex, one if the biggest and most influential cryptocurrency exchanges, has updated its terms of use. Among the other provisions in paragraph one, there are now a couple of sentences which, in fact, support sanctions against Russia by the termination of services to the Russian citizens.

Poloniex Terms Of Use  Poloniex Terms Of Use 

The Poloniex customers from Russia claim that this problem is serious. They indeed now have to withdraw their funds as they begin to receive the emails:

Poloniex emails Russian users Poloniex emails Russian users

How this will affect the financial position of the exchange (as Russian miners and traders are quite active) and its reputation, remains to be seen.

Notably, not only Russia will be affected, but also other embargoed countries among which are also Crimea (region of Ukraine), North Korea and others. 

Genesis Conference to be Held in London

Genesis Conference will cover research and development, regulation, economics and applications issues, taking place in London on February 22
22 February 2018   73

Genesis London Conference will take place on February 22, tackling the most pertinent issues in blockchain space: research and development, regulation, economics and applications.

Genesis London is a platform for researchers, developers and generally anyone interested in blockchain, and its priority is to share knowledge, facilitate productive discourse and filter out the hype.

Location: The CityPoint building, 1 Ropemaker St, London, EC2, UK
Date and time: 9:30AM - 8PM, February 22, 2018

The agenda of the conference includes Privacy and Confidentiality Techniques for Blockchains; Permissioned Business Blockchain Applications and Use-cases; Scalable, Transparent and Post-quantum Secure Computational Integrity, with Applications to Cryptocurrencies; A Rational Protocol Design Treatment of Bitcoin, and more.

The headline speakers include Patrick de Laive, co-founder of TNW; Margarita Khartanovich, head of insight at Binary District; Jack Gavigan, chief operating officer at ZCash; Jeremy Kahn, technology writer for Bloomberg, and many more.