Today I received an e-mail from Poloniex that my account is frozen and they are re-organizing into a new company that will separate from Circle Financial. Here is the text of this e-mail: Hello Poloniex Customer, We’re emailing to notify… Continue Reading
Poloniex has announced it will delist CLAM coins by October 15th, and all users should withdraw their CLAMs as soon as possible. The price of CLAMs dropped sharply on the news of Poloniex de-listing, falling almost 50%. Since Poloniex is… Continue Reading
Poloniex recently provided users affected by the lending pool loss with an update. Poloniex is committing to re-reimburse users by refunding their trading fees. Poloniex claims they will reimburse the trading fees of users until those users are made 100%… Continue Reading
Poloniex will disable margin lending and borrowing for US customers by the end of 2018. Part of dealing with a US regulated exchange such as Poloniex is they must be compliant, and this often means less access for customers. Poloniex… Continue Reading
A big spike in the rate of interest being paid to Ethereum and Litecoin lenders is being shown on Bitfinex this morning. At the time of writing, rates have jumped up to 0.05% per day on ETH and 0.0443% per… Continue Reading
The value of bitcoin plunged 20% against the value of USD overnight, and some of the typical outcomes are happening. The rate to borrow/lend USD on Bitfinex is currently around 87%. This means someone holding $100,000 on Bitfinex is earning… Continue Reading
CLAM coins are a cryptocurrency based on a proof-of-stake mining method. One new CLAM coin is generated each minute and awarded to users by proportional lottery based on the number of CLAMs they have working on their miner. This means… Continue Reading
As bitcoin gains popularity, more exchanges are emerging globally, each with its own pros and cons. With so many exchanges to trade on, deciding which one is right for you will depend on your trading strategy, and one strategy I’d… Continue Reading
Poloniex is an exchange for crypto currencies such as bitcoin. The exchange lists a bunch of crypto currencies that users can trade, and they also offer users the ability to trade a smaller number of currencies on margin. The exchange allows… Continue Reading
