News
“Crypto mom” Hester Peirce has slammed the SEC’s $10-million settlement with Poloniex, challenging the opaque regulations that U.S.-based crypto firms must navigate.
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Poloniex News
The Poloniex exchange is one of the largest and most popular cryptocurrency market platforms in the world. It provides the largest amount of trading in Bitcoins. Poloniex was founded by Tristan D’Agosta in 2014 and is headquartered in San Francisco. Initially, the platform was created for the US market but, with growing popularity and trading sales figures, it began attracting trading from all over the world. The daily circular movement of funds is now about $989 million. Poloniex, or Polo, offers its customers high-level security by the use of two-factor authentication, handy analytical and technical tools, low transaction fees (from 0 to 0.25%) and more than 140 directions for exchange. During the registration, a new user can expand the limit of withdrawal by providing more private information such as an ID card or home address. The hallmark of Polo is that the system doesn’t work with fiat currencies and, as a result, users trade using altcoins.
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Poloniex will reportedly pay over $10 million as settlement for the SEC indictment.
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The Internal Revenue Services will seek information from Circle on all U.S. taxpayers who traded at least $20,000 worth of crypto between 2016 and 2020.
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Some big-name exchanges have suspended DOGE withdrawals as the token sees unprecedented interest.
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New partnerships, interest in initial decentralized exchange offerings and the success of Polkadot back Polkastarter’s impressive 500% rally.
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About $4 million of crypto stolen in Exmo hack was allegedly withdrawn through Poloniex, the exchange said it froze several accounts.
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When all eyes are on Bitcoin, exchanges sometimes suffer difficulties.
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The MEME crypto asset has blasted into new all-time highs of $1,775 after being listed on Poloniex.
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Crypto exchanges Poloniex and KuCoin are set to research the crypto industry together, hope to benefit the whole sector.
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Paying more than $8,000 in fees, an unknown developer has prematurely deployed Curve’s tokens and contracts resulting in an unexpected launch.
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Crypto exchange Poloniex adds another DeFi token to its innovation zone.
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Some analysts believe that Compound’s Governance Token’s dramatic rally and crash may have been engineered by derivatives traders.
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Surprise Binance listings have led to a sudden 25% spike in the price of Compound’s Governance Token.
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After a Coinbase Pro listing drove Compound Governance Token prices up more than 100%, the market is now crashing back to Earth.
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Poloniex has launched support for Binance Coin and Binance USD, despite CZ’s recent vocal criticism of Justin Sun over his handling of Steem.
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