Circle acquires cryptocurrency exchange Poloniex
Circle, a portfolio company of Goldman Sachs and Digital Currency Group, announced today that it will acquire cryptocurrency exchange Poloniex for a reported $400 million.
"Circle, a cryptocurrency-focused financial-services firm, will announce today that it is buying crypto exchange Poloniex—a move that immediately makes Circle one of the largest and most influential companies in the industry."
"The cryptocurrency-related class action lawsuits have seen a rise lately (table). The crypto litigation has revolved around three areas so far - exchanges, mining services and ICOs. The most notable class action lawsuits are against Kraken, Tezos and Bitconnect."
"The lawsuit is being brought by Ira Kleiman on behalf of the estate of his brother, Dave, who has been linked to the earliest days of bitcoin. Kleiman, a forensic computer investigator and author, passed away in 2013 following a battle with MRSA."
Just got this slide from a confidential Circle presentation. It does more to explain Circle's acquisition of Poloniex than anything I have seen today. pic.twitter.com/gRXxDeXvxl— Nathaniel Popper (@nathanielpopper) February 26, 2018
"I don't know why Venezuela's 'petro' cryptocurrency annoys me so much. It is partly that the promise of cryptocurrency was supposed to be trustless decentralization: You trust the thing because of objective certainties embedded in its open-source code, not because some authority tells you to."
"It ends up being a walkthrough of sections of three academic papers, with 'Asides' along the ways about various supporting concepts like Commitments and Zero Knowledge Proofs."
"You have just made a Bitcoin transaction and you are eager to see if it appears in the next block. You know that the expected time between Bitcoin blocks is 10 minutes. You check the log of your Bitcoin node. It has been 7 minutes since the previous block. You recall that blocks occurrences in Bitcoin are a Poisson process, which is memoryless."
Developers, are you more interested in building on top of;— Brad Mills ⚡️ (@bradmillscan) February 26, 2018
Decred lead developer discusses progress on Lightning support.
We are very close to #Decred Lightning support being enabled and we have other various pieces that enable apps. Dcrtime and Politeia come to mind. That said in the not too distant future we are going to tackle smart contracts.— Marco Peereboom (@marco_peereboom) February 26, 2018
Decred developer released proof of concept software experimenting with how ticket splitting can be achieved - to ultimately lower the bar for users wishing to participate in DCR’s governance system. Github
Monero publishes Dev Meeting summary and logs. Monerbase
ZCash is now accepted at MultiVPN Service. Twitter
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