CHART: Almost every new Poloniex listing is a memecoin
Of Poloniex's last 100 listings, 94 of them are so-called 'memecoins,' many of questionable quality or legality.
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Of Poloniex's last 100 listings, 94 of them are so-called 'memecoins,' many of questionable quality or legality.
Poloniex has withdrawn from Staked USDT (stUSDT) on Ethereum, vastly dropping the utilization of the protocol.
Poloniex has a page on its website titled 'Proof of Reserves,' but this only shows how much Tron is on the platform.
The WBTC/BTC pair looks to have been removed from Poloniex completely, and the WBTC/USDT pair states, "Currently trading is disabled."
Sun's USDD is meant to stay priced at a dollar via a series of algorithmic mechanisms but it's deviated 3% and currently trades for $0.97.
Poloniex, a Justin Sun-owned exchange, offers a WBTC product on Tron that's currently trading at a more than 20% discount on Poloniex.
Justin Sun took to X to brag that he personally controlled 28,613 bitcoin on HTX, significantly more than HTX had in its last disclosure.
— FCA, Justin Sun
Crypto exchange Poloniex has been added to the FCA's naughty list after a string of curious hacks on Justin Sun's entities.
Rumors are circulating that Justin Sun might be in the process of his final exit while many wallets associated with him have been hacked.
— Hack, Justin Sun
The Poloniex hacker took off with more than $100M in crypto and has been offered $6M if they return the assets.