Tag: poloniex

Tether ‘Didn’t Do a Great Job on Transparency,’ Claims Investor Mike Novogratz

cashtechnews

Tether’s offshore operations detract from its transparency versus other stablecoins, Mike Novogratz told Bloomberg. Stablecoin Tether (USDT) should create more “transparency” about its operations, cryptocurrency investor and entrepreneur Michael Novogratz told Bloomberg Oct. 18. Speaking in an interview, Novogratz, whose Galaxy Digital investment company is active in the cryptocurrency space, said he favored alternative stablecoins […]

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Circle Invest Launches Crypto Asset ‘Collections’ for Targeted Portfolios

cashtechnews

Circle Internet Financial Ltd. has launched a new feature for its crypto investment app Circle, which allows users to invest in categorized crypto assets. Goldman Sachs-funded Circle Internet Financial Ltd. has launched a new feature for its crypto investment app Circle Invest dubbed “Collections.” The company has made the announcement in an official blog post […]

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Crypto Exchange Poloniex Removes Margin and Lending Products for US Users

cashtechnews

Crypto exchange Poloniex will remove margin and lending products for its U.S.-based customers in order to comply with regulatory requirements. U.S.-based cryptocurrency exchange platform Poloniex will remove margin and lending products for its customers in the U.S and delist three digital assets, according to an announcement published October 3. Poloniex is a cryptocurrency trading platform […]

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Breaking: Circle Internet Financial Launches Stablecoin ‘USD Coin’

cashtechnews

Circle is introducing a stablecoin dubbed the “USD Coin,” with a consortium called Centre serving as the platform. Circle Internet Financial Ltd. is launching a USD-backed digital token dubbed the “USD Coin,” Bloomberg reports Wednesday, September 26. A consortium called Centre — which includes Bitmain Technologies Ltd. among its members — will act as a […]

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Poloniex Cryptocurrency Exchange Bought by Goldman-Sachs Backed Startup, Circle – Fiat Trades on the Horizon. Monero (XMR) Price Spike?

Daniel Chiang

Circle, the Goldman Sachs-backed payments company has acquired Poloniex on February 26, 2018, according to a press release on the Poloniex website. Poloniex is a cryptocurrency exchange and current users are able to trade against Bitcoin, Ethereum, Monero and Tether. With a payments company backed by one of the world’s largest investment banks coming into […]

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