What could be worse than your current speculative cryptocurrency investment suddenly seeing the micro-bubble pop out from underneath it? How about your wallet and exchange suddenly changing policies and forcing you to update your bank and identification information through a live webcam. That is apparently what has just happened to be as Ethereum has fallen from the massive rally on Thursday that saw the price soar as high as $50 early Friday morning. When the price suddenly fell later into the pre-dawn hours, the exchange stopped allowing me to do my regular traded between Bitcoin and Ether and promoted me with the now
When the price suddenly fell later into the pre-dawn hours, the exchange stopped allowing me to do my regular traded between Bitcoin and Ether and promoted me with the now notorious update screen!
I will keep you updated on the events to come but remember that this is an example of why we not to give your personal information to centralized exchange!