Crypto M&A Deals to Set Record in 2018

Last year’s largest transactions were the acquisition of Poloniex for $ 400 million by the Circle; 2018 M&As totaled for $559M
14 February 2019   634

According to Forbes, in 2018 in the cryptoindustry there were mergers and acquisitions (M & A) totaling $ 559 million.

Last year’s largest transactions were the acquisition of Poloniex for $ 400 million by the Circle, as well as the Coinbase purchase of the Earn project for $ 120 million. In addition, the largest cryptocurrency company in the United States acquired the Blockseer analytical service for $ 14.8 million and paid $ 14.7 million Node40, specializing on accounting and tax blockchain solutions.

A total of 54 mergers and acquisitions took place in the crypto industry in 2018. This is 170% more than the year before (in 2017, 20 M&A transactions were closed). According to the Pitchbook, for the entire existence of the cryptocurrency sphere, the total amount of M&A transactions exceeded $ 1.1 billion. Thus, most of them occurred last year.

Kraken recently acquired the Crypto Facilities, a UK cryptoderivatives platform.

Poloniex to Bring Back the Trollbox

According to Poloniex owner, the "most frequent request has been, “BRING BACK THE TROLLBOX”, a general topic chat  
19 June 2019   147

Due to numerous requests from users, the Bitcoin exchange Poloniex activated a general chat, better known as Trollbox.

You’ve been asking for it and we’re excited to tell you IT’S HAPPENING: Trollbox is back! Poloniex’s Trollbox is the original forum for traders to talk all things crypto. Our legendary mods are ready to go, armed as always with the mighty Banhammer to maintain order.

Poloniex Team

From now on, traders can again communicate on a wide range of topics without leaving the stock exchange, and moderators will use the legendary ban-hammers in case of violation of the rules.