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Circle Acquires Crypto Exchange Poloniex For $400 Million

Posted on 27th February, 2018

Peer-to-peer payments startup Circle announced yesterday that it has acquired Boston-based cryptocurrency exchange Poloniex. According to multiple reports, Circle is paying around $400 million for the exchange, which has been in operation since 2014. The sale also brings Goldman Sachs one step closer to becoming a major player in the cryptocurrency world, as the financial […]

Poloniex hacked for 12.3% of Bitcoin supply, withdraws difference from user accounts

Posted on 6th March, 2014

On March 4, virtual currency exchange Poloniex was hacked through a previously unknown code vulnerability. Writing on the forum, owner Tristan D’Agosta outlined the process that allowed the attack and resulted in the freezing of trading and withdrawals on the site. The hacker discovered that if you place several withdrawals all in practically the […]