Circle to Spin Out Poloniex Less Than 2 Years After $400 Million Takeover

Crypto exchange Poloniex is spinning out from its parent firm Circle, the companies announced Friday. According to a pair of blog posts, Poloniex will now become Polo Digital Assets, Ltd., an “independent international company” backed by an unnamed Asian investment firm. The trading platform will not serve U.S. customers after this year. U.S. residents have […]

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Investors Who Lost Big in Poloniex Flash Crash Receive Bitcoin Refunds

Poloniex is now crediting trading fees to lenders who lost funds in a May market crash involving the obscure cryptocurrency ClAMS. According to an official blog posting, Circle’s Poloniex exchange will cover lost funds by covering trading fees back through June 6. Poloinex’s Clam margin trading market experience a flash-crash on May 26. A 2014 airdropped […]

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Poloniex Shuts Crypto Sales of 9 Tokens Fearing Regulatory Squeeze

By CCN: Poloniex worries so much about incoming doom by U.S. securities regulators’ that it plans to delist nine tokens at the end of the month. The altcoin exchange made the announcement Thursday. 1/ On Friday, May 29th, at 16:00 UTC, the markets for ARDR, BCN, DCR, GAME, GAS, LSK, NXT, OMNI, and REP will […]

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