Tagged: poloniex

Remember Poloniex? SEC Hits Pause on Disgorgement Plans

Grant Money Eyes Dollars

This week, the Securities and Exchange Commission (SEC), Division of Enforcement, requested an extension pertaining to the disgorgement of funds affiliated with Poloniex. To go back in time a bit, Poloniex is one of the few crypto exchanges that the SEC has targeted with an… Read More

Poloniex Management Confirms Launch of New Digital Asset Trading System in Sandbox Environment in Q1 2022

New York Stock Exchange Floor Trading Market

Shaun Scovil, General Manager at digital assets firm Poloniex, notes that as they embark on their eighth year of operations, the team has reflected on all the great things they think they’ve accomplished so far, while “preparing for the exciting challenges and opportunities ahead.” Shaun… Read More

Biconomy (BICO), Vulcan Protocol (PYR), Neos Credits (NCR) Trading Now Available via Poloniex

More Sales inside Retail Shopping Small Business Open Shop

Starting now (on January 5, 2021), wallets are open via Poloniex and you can begin depositing Biconomy (BICO) into your Poloniex account. Clients may access full trading for BICO with a USDT pair: BICO/USDT will be “enabled at 06:00 AM UTC” on January 5. As… Read More

SEC Files 434 new enforcements in FY21, Crypto, Dark Web, DeFi Among New Targets

SEC Enforcemnt

A review of the Securities and Exchange Commission’s (SEC) enforcement actions in this fiscal year show a growing threat posed by cryptocurrency and decentralized finance (DeFi) scammers. The year ended Sept. 30. The SEC filed 434 new enforcement actions in FY2021, and that is a… Read More

Fintech & Blockchain Attorney Daniel Payne Comments on Looming SEC Enforcement Actions Targeting Digital Asset Sector

William Blackstone Common Law Washington DC Legal Lawyer Justice

The enforcement drums are pounding at the Securities and Exchange Commission (SEC) when it comes to digital assets. At the top of the list are trading platforms that may be skirting established securities laws, especially when the Commission believes they are enabling the buying and… Read More

Regulation by Enforcement: SEC Commissioner Hester Peirce Criticizes Poloniex Enforcement Action

Hester Peirce 1

SEC Commissioner Hester Peirce, long a supporter of Fintech innovation, has issued a statement in the wake of the enforcement action taken by the Commission against Poloniex, a crypto exchange. As was reported earlier today, Poloniex has settled the SEC’s allegations of operating an unlicensed… Read More

Poloniex Hit By SEC Action, Charged with Operating Unlicensed Digital Asset Exchange. Trading Platform Settles

Securities and Exchange Commission SEC Stop

In what may be the first of many, the Securities and Exchange Commission has announced charges against Poloniex for operating an unregistered digital asset exchange. Poloniex has settled with the SEC by agreeing to pay a $10.4 million penalty. Poloniex settled without admitting or denying… Read More

DeFi Assets Dego Finance (DEGO), Mirror Protocol (MIR), Liquidity USD (LUSD) Listed on Poloniex

House of Mirrors Benjamin Franklin Money Wisdom

Digital asset exchange Poloniex revealed on April 25, 2021, that it’s pleased to welcome Dego Finance (DEGO) to its DeFi Innovation Zone. DEGO has reportedly joined over 100 other DeFi assets on Poloniex. Starting now (as of April 25), wallets are open and clients may… Read More

Digital Asset Exchange Poloniex Lists Bitcoin Standard Hashrate Token or BTST, Platform Supports Over 80 DeFi Coins

Two Bitcoin in Hand

Crypto exchange Poloniex has announced a new DeFi listing. The Poloniex team writes in a blog post published on April 6, 2021 that they’re pleased to support BTCST in their decentralized finance or DeFi Innovation Zone, beginning today (April 6). BTCST joins more than 80… Read More

New Analysis Claims that Ethereum (ETH) Price Might be Manipulated by Certain Large Crypto Exchanges and “Whales”

Whale Jumping sho hatakeyama unsplash

A recent analysis of the top 10,000 Ethereum (ETH) wallet addresses suggests that the world’s second-largest digital asset (by market cap and overall adoption) could potentially see its value increase significantly in the foreseeable future. This, as the blockchain network prepares to transition from proof-of-work… Read More

Report: Circle Internet Financial May Sell SeedInvest, its Crowdfunding Division

Sale

Circle Internet Financial is reportedly looking for a buyer for SeedInvest, its crowdfunding division, as the Boston-headquartered crypto firm aims to focus more on its stablecoin business, according to the Block. This is notably Circle’s latest downsizing move, which began in 2019 when the firm… Read More

Poloniex Crypto Exchange: Very Few Customer Emails Leaked

Barrington Judge Surprise Shock Concern

Cryptocurrency exchange Poloniex says “Less than 5%” of purported Poloniex customers email addresses posted by hackers to Twitter this week belong to actual Poloniex customers: “Earlier this week we emailed a small group of our customers (about 1% of our total base), requiring them to reset their… Read More

Poloniex Crypto Exchange Asks Customers to Change Passwords After Emails Purportedly Leaked on Twitter

Panic Fear Eyes Angst Anxiety

Operators of the Poloniex cryptocurrency exchange have asked certain customers to change their email passwords after hackers claimed they leaked user data on Twitter. An excerpt from a letter sent by Poloniex to affected customers states: “A couple of hours ago we discovered that someone… Read More

Please Withdraw ASAP: Poloniex Crypto Exchange Now Closed to US Customers

Refund

Poloniex, a “cryptoasset” exchange acquired by Circle in early 2018 and “spun out” by them in October, has asked all US-based customers to cease depositing and trading and to withdraw their funds. The platform has been closed to US customers since November 1st and is now… Read More

Research by Professors John M Griffin & Amin Shams: Tether Used to Manipulate Bitcoin Price in Ongoing Ploy via Bitfinex

Bitcoin Up in Smoke

Two scholars famous for alleging in 2018 that injections of Tether, a cryptocurrency and synthetic form of USD, were used to strategically to push up the price of Bitcoin to $20 000 USD have updated the report with a claim that those injections came mainly from… Read More

Poloniex to “Spin Out” of Circle & Become a New Independent International Company

Cryptocurrency Wallet Bitcoin

Circle announced on Friday that its internal group, Poloniex, will be “spinning out” from Circle to become a new independent international company called Polo Digital Assets, Ltd. According to Circle, the spin-out, which is back by an undisclosed Asian investment group, will bring significant resources… Read More

Circle’s Crypto Exchange, Poloniex, Delists 23 Trading Pairs Citing Low Volume

Prohibition Dumping Alcohol

Poloniex, the cryptocurrency exchange owned by Circle, a Boston based payments-app-turned-multiplatform-crypto-company, has announced it is “removing 23 trading pairs on August 16, 2019, due to low volume.” The pairs delisted on the 16th of August are: LTC/XMR, DASH/XMR, ZEC/XMR, MAID/XMR, NXT/XMR, BCN/XMR, LSK/ETH, GNT/ETH, MANA/ETH,… Read More

Circle Now Licensed in Bermuda to Serve Non-US Customers

caleb george unsplash Bermuda Beach

Boston-based multi-platform cryptocurrency services and investment firm Circle has obtained a license to provide payment, custody, exchange, trading and other financial services involving cryptocurrencies in Bermuda. The company says its Bermuda operation will serve non-US Poloniex exchange customers. It also said it, “expect(s) to offer many new… Read More

Circle CEO Jeremy Allaire Pleads Case for US Policy Change Regarding Crypto

Jeremy Allaire

Jeremy Allaire, CEO and founder of digital asset firm Circle, took to the pages of the site’s blog to lament the state of regulation in the US when it comes to crypto. Allaire said his post was driven in part to their decision to “geofence,”… Read More

FINRA Approves Circle’s Acquisition of SeedInvest, Continues Mission of Tokenization

Approved Stamp1

FINRA has given their stamp of approval to the acquisition of SeedInvest by Circle. The crypto focused company announced the purchase of SeedInvest in October of 2018.  The acquisition of a regulated securities crowdfunding platform by the blockchain based Circle represented a seminal turning point… Read More

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