Court Authorizes IRS to Summon User Records From Kraken Cryptocurrency Exchange

The Internal Revenue Service (IRS) has obtained court authorization to serve a John Doe summons on cryptocurrency exchange Kraken.

Justin Sun: A Colorful Crypto Hawker or Surprising Business Savant?

Although he is outspoken, raucous, and bombastic when it comes to his public persona, Sun’s questionable publicity stunts could be part and parcel of his strategy for catapulting Tron into the spotlight and capitalizing on crypto’s momentum.

Akita Inu: Is It the Next Dogecoin?

Released just 3 months ago, Akita Inu is a humble ERC 20 token with bold results so far.  Originally found on Uniswap, over the past week it has found itself added on multiple exchanges including MXC, HotBit, Poloniex and more for a total of 7 platforms and a new one with BKEX at the time […]

US Court Authorizes IRS to Summon Cryptocurrency User Records From Circle and Poloniex

The Internal Revenue Service (IRS) has obtained authorization from a federal court to seek information on cryptocurrency users from Circle and Poloniex exchange platforms.

Dogecoin withdrawals get complicated during parabolic price increase

Some big-name exchanges have suspended DOGE withdrawals as the token sees unprecedented interest. Global cryptocurrency exchanges are increasingly experiencing issues with Dogecoin (DOGE) withdrawals amid Redditors pumping the altcoin up to 900% in the past two days. On Jan.

3 key reasons why Polkastarter (POLS) price rallied 500% since December

New partnerships, interest in initial decentralized exchange offerings and the success of Polkadot back Polkastarter’s impressive 500% rally. Polkastarter (POLS) is a cross-chain token pool and auction protocol built on the Polkadot (DOT) blockchain.

UK Crypto Exchange EXMO Says $4M of Hacked Funds Was Through Poloniex

Cryptocurrency exchange EXMO said an estimated $4 million of the cryptocurrency stolen during a hack on Dec.

Exmo hackers withdraw part of stolen funds via Poloniex, exchange confirms

About $4 million of crypto stolen in Exmo hack was allegedly withdrawn through Poloniex, the exchange said it froze several accounts. Hacked cryptocurrency exchange Exmo is not able to recover a large amount of stolen funds as hackers withdrew millions of dollars in crypto through the Poloniex crypto exchange. On Dec.

Crypto Sites Hit by Increasing Number of DDoS Attacks

Websites including Trezor, Poloniex and The Block have all suffered DDoS attacks in recent days.

Crypto exchange Poloniex faces outage due to DDoS attack

Global crypto exchange Poloniex experienced an outage earlier today, and the exchange noted that their services were unavailable due to an ‘unexpected issue’. [embed]https://twitter.com/PoloSup The post Crypto exchange Poloniex faces outage due to DDoS attack appeared first on AMBCrypto.

Poloniex exchange goes down on the brink of new Bitcoin all-time high

When all eyes are on Bitcoin, exchanges sometimes suffer difficulties.

Poloniex Lists SENSO As Sensorium Galaxy’s Partnership Spree With World-Class Artists Accelerates

With COVID-19 cases on the rise and the world’s top economies re-considering strict lockdown measures, cryptocurrency exchange Poloniex has taken an interest in SENSO — a token focused on bringing high-quality entertainment into the rapidly expanding VR space.

Hash Watch: Bitcoin Cash Services Reveal Contingency Plans for Upcoming Fork

The Bitcoin Cash blockchain is set to upgrade on Sunday, November 15 and it’s still expected that the network will bifurcate.

Poloniex's Trump Tokens Predict Biden Victory

The crypto exchange has listed TRUMPWIN and TRUMPLOSE tokens, whose value changes based on the outcome of the US Presidential election.

Hash Watch: 73% of Bitcoin Cash Blocks Mined With BCHN, Poloniex Launches Fork Futures

The Bitcoin Cash (BCH) upgrade is 21 days away and there’s a possibility the blockchain may bifurcate on November 15.

Stacking Satoshis: Leveraging Defi Applications to Earn More Bitcoin

As decentralized finance (defi) has become more popular, digital currency proponents are making money off of more than 140 yield-bearing cryptocurrencies.

Joke MEME coin airdrop is now worth $600K

The MEME crypto asset has blasted into new all-time highs of $1,775 after being listed on Poloniex. MEME, a community-driven project inspired by a ConsenSys developer’s satire of the yield farming bubble, has gained nearly 100% in 24-hours to post an all-time high of $1,775 after listing on Poloniex. Since the start of September, MEME has gained more than 900%, despite its supporters promoting the project through the slogan ‘don’t buy MEME.’ MEME is currently the 254th-ranked crypto asset with a $48 million market cap, with more than $17 million worth of MEME changing hands in the past 24 hours. MEME/USD: CoinGeckoThe project’s unlikely rise began when ConsenSys’ DeFi product lead Jordan Lyall created a mock-advertisement for a yield farming protocol generator dubbed ‘The Degenerator.’ Within hours of the post circulating across crypto-Twitter, someone had created an ERC-20 under the same name, and listed it on Uniswap under the ticker ‘MEME.’ The 28,000 token supply was distributed via airdrop in batches of 250 to Telegram users within 30 minutes of the token’s creation. The project now comprises an “experimental protocol” that “mash[es] up some of the most exciting innovations in DeFi” by offering yield farming rewards in the form of meme-inspired non-fungible token collectibles. 11 days ago the Meme Team was born just minutes after my degenerator tweet mocked YOLO DeFi developmentNow: against all odds, and irony, it's a passionate community experimenting with DeFi and artMeme is an NFT farming protocolThe LP Pool is live!https://t.co/etBA1cmr1P pic.twitter.com/5v9dt2jc2t— Jordan Lyall (@JordanLyall) August 26, 2020 Poloniex is the sixth exchange to list the token, following Uniswap, Balancer, 1inch, Hoo, Mooniswap.

MEME Token Added to Poloniex, Doubles in Price to $1,600

The Meme protocol, a way of staking tokens to get Ethereum-based crypto-collectibles, is going viral.

US Indicts 2 People Stealing $17M in Bitcoin and Ether From Binance, Poloniex, Gemini Users

Two people have been charged in the US for allegedly using “a sophisticated market manipulation scheme” to defraud and steal $17 million in bitcoin and ether from users of three cryptocurrency exchanges worldwide.

KuCoin Establishes Strategic Partnership with Poloniex to Elevate Digital Asset Exchange Industry

Disclaimer: The text below is a press release that was not written by Cryptonews.com. Today (September 18), one of the world's most popular digital assets exchanges, KuCoin officially announced its strategic partnership with the internationally well-known digital assets exchange Poloniex.

KuCoin Establishes Strategic Partnership With Poloniex to Elevate Digital Asset Exchange Industry

Today (September 18), one of the world’s most popular digital assets exchanges, KuCoin officially announced its strategic partnership with the internationally well-known digital assets exchange Poloniex.

Two major crypto exchanges are teaming up to push the industry forward

Crypto exchanges Poloniex and KuCoin are set to research the crypto industry together, hope to benefit the whole sector. Crypto exchange KuCoin has unveiled dealings with another exchange, Poloniex, in an effort to move the crypto industry forward.    "KuCoin and Poloniex will join hands in trading technology research and development, liquidity sharing, product iterations, PoS [proof-of-stake] and PoW [proof-of-work] mining pools, and other industrial exploration," said a statement provided to Cointelegraph.  Together, Poloniex and KuCoin aim to help the crypto industry progress as a whole, instead of competing against each other within the sector, the statement detailed.

Anonymous Developer Deploys Curve Contracts, Forcing Early Launch

Paying more than $8,000 in fees, an unknown developer has prematurely deployed Curve’s tokens and contracts resulting in an unexpected launch. Decentralized finance (DeFi) project Curve has been forced to launch its DAO and governance token CRV prematurely after an anonymous developer deployed the contracts without the knowledge of the official team. The developer tweeted from a brand new Twitter account that he thought the contracts were ready and had jumped the gun “Yo, @CurveFinance ! Saw your DAO is ready to rock and I gots to MAXIMIZE MY ALPHA ! So I went ahead and deployed it for you.

Bitfinex Scoffs at Tether Market Manipulation Lawsuit: Bittrex and Poloniex File for Summary Judgment

Bitfinex says the second attempt by plaintiffs to frame the bitcoin manipulation complaint will fail just like the first attempt.

Bittrex and Poloniex Move for Summary Judgment in Market Manipulation Case

Bittrex and Poloniex were added to the case as defendants in June 2020.

Poloniex Adds DeFi Token Decentr

Crypto exchange Poloniex adds another DeFi token to its innovation zone. Crypto exchange Poloniex announced it has added the DeFi token Decentr to its DeFi Innovations Zone.  Decentr, an immutable platform that collects and secures user data, allows people to monetize their internet activity.

Poloniex Adds US Election-Based Trades

Poloniex has added crypto assets based on President Trump’s re-election. With the 2020 US presidential election looming, crypto exchange Poloniex has added a way to bet on the outcome. “TRUMPWIN and TRUMPLOSE are the first new assets to join our Innovation Zone today,” Poloniex said in a recent statement. Assets valued according to election results The Poloniex listing comes several months prior to the November 2020 US presidential election. As ERC-20 tokens, the election assets value $1 or $0, depending on the event’s results.

Poloniex Joins the Party: Launching 100x Leverage Bitcoin Futures Platform

One of the most popular cryptocurrency exchanges, Poloniex, is also launching a Bitcoin futures platform.

Derivatives Traders May Have Manipulated COMP Rally

Some analysts believe that Compound’s Governance Token’s dramatic rally and crash may have been engineered by derivatives traders. A number of analysts have suggested the meteoric price performance of the Compound Governance Token (COMP) may have been orchestrated using derivatives. After initially changing hands for approximately $80 each upon its June 18 listing on Poloniex, COMP quickly rallied 500% to post highs above $380 June 21 as news of a Coinbase listing appeared to entice buyers. COMP/USDT on Poloniex, 1hr chart: TradingView Since the high, COMP has shed 34% of its value and is currently trading for $253.  Was COMP’s rally driven by organic demand? In a June 25 article, independent crypto blogger and Decentraland product lead Tony Sheng noted that many traders over the past week or so believed that triple-figure priced COMP was extremely overvalued, resulting in bears paying from 5% to 10% in daily fees to short the asset using derivatives. Despite this bearish sentiment and the fact that COMP tokens can be earned through yield farming, COMP prices continued to rally aggressively, with Sheng suggesting that disproportionate volume on FTX’s derivatives largely fuelled the rally. While spot listings on FTX and Poloniex generated $1.5 million in 24-hour volume leading up to COMP’s Coinbase listing, more than $6 million worth of perpetual swap contracts were traded on FTX over the same period. With COMP comprising a highly illiquid market upon launch, the article suggests that traders may have been able to drive up spot prices with relatively small buy orders to ensure profits on much larger long positions taken using FTX’s contracts: “The long and short of it (haha) is that because of the relatively large size of the COMP Perpetual Swap market, it would be profitable to buy the Perp and then buy spot in significant enough size to move the price, amplifying gains in the Perp and squeezing the shorts.” On June 24, the fou

COMP Token Spikes 25% on Surprise Binance Listing

Surprise Binance listings have led to a sudden 25% spike in the price of Compound’s Governance Token. The price of the Compound Governance Token (COMP) has jumped by one-quarter on news of a surprise listing on leading cryptocurrency exchange Binance. COMP tokens began trading approximately one week ago, quickly making triple-figure gains and attracting millions in trade volume.

Compound Token Suffers Heavy Losses But Still Dominates DeFi Rankings

After a Coinbase Pro listing drove Compound Governance Token prices up more than 100%, the market is now crashing back to Earth. Compound Governance Token (COMP), the native token to the popular decentralized finance (DeFi) protocol Compound, has suffered heavy losses after its meteoric first day of trading on Coinbase. After trading as high as $427 on Coinbase Pro on Tuesday, COMP has fallen back below $250 within 8 hours of the local high.