Poloniex to disable deposits and withdrawals of Bitcoin

Poloniex Exchange's plans to handle potential BTC network disruptions
25 July 2017   2236
Bitcoin

Is the first decentralized peer-to-peer payment network that is powered by its users with no central authority or middlemen

A leading cryptocurrency exchange offering a wide variety of digital assets, Poloniex, announces its plans concerning potential Bitcoin network disruptions as there are a number of proposals for technical changes to Bitcoin that may take effect in the coming weeks.

As the team claims, Poloniex takes no position on the desirability of any particular proposal nor does it have a stake in any outcome. As reported, the primary concern is protecting its users and their tokens.

We will be disabling deposits and withdrawals of Bitcoin (and all BTC related tokens) any time we deem necessary to ensure that all tokens stored on Poloniex remain safe.
 

Poloniex Team

The length of any possible downtime is unknown as this is highly dependent on network stability, the team details on its blog. Trading will be unaffected during these periods.

Blockchain

Distributed database that is used to maintain a continuously growing list of records, called blocks

Poloniex also highlights that the exchange cannot commit to supporting any specific blockchain that may emerge if there is a blockchain split. Even if two viable blockchains emerge, Poloniex may or may not support both and will make such a decision only after they are satisfied that they can safely support either blockchain in an enterprise environment.

Another important remark made is that if the exchange decides to support and make available derivative blockchain tokens after a blockchain split, note that if you have your tokens on loan at the time of a split, Poloniex cannot distribute the derivative tokens to you, the lender, as you would not possess them. Such loaned tokens can leave the platform. 

Feedback on Poloniex Exchange TwitterFeedback on Poloniex Exchange Twitter 

The feedback to the announcement is rather ambiguous. Thus, some users are not happy with the status quo, let along the breaking news concerning the disabling deposits and withdrawals of Bitcoin.

Feb 22: New Crypto Listings on Exchanges

From this article you will learn which cryptocurrencies are listed on exchanges on February 22 of 2018
22 February 2018   121

There is a non-stop turnover of cryptocurrencies on the popular crypto exchanges, and there are a lot of digital coins and tokens being listed on the exchanges every day. From this article you will get to know which currencies and trading pairs will be added to the exchanges on February 22 of 2018.

DADI (DADI)

Exchanges: COBINHOOD

DADI is an acronym for Decentralised Architecture for a Democratic Internet. DADI provides a ready-to-roll Web Services framework with data at its heart, enabling the creation of real time, individually targeted experiences.

dadiDADI charts

Crypto Exchange: COBINHOOD
Category: token
Price at the moment of press: 
$0,4
24h volume: $2 895 490
Website and Explorer

Fusion (FSN)

Exchange: COBINHOOD

FUSION is a public blockchain devoting itself to creating an inclusive cryptofinancial platform by providing cross-chain, cross-organization, and cross-datasource smart contracts.

FSNFSN charts

Crypto Exchange: COBINHOOD
Category: token
Price at the moment of press: 
$3,44
24h volume: $770 519
Website and Explorer

Neuromation (NTK)

Exchanges: COBINHOOD

Neuromation is a blockchain platform (the “Neuromation Platform”) for the distributed generation of synthetic, labeled datasets for training of deep neural networks. The Neuromation Platform implements the principle of “knowledge mining”, which assumes that the computing power of mining rigs not only supports abstract blockchain cryptographic computing but also serves to solve specific practical problems that have a physical meaning.

ntkNTK charts

Crypto Exchange: COBINHOOD
Category: token
Price at the moment of press: 
$0,7
24h volume: $307 699
Website and Explorer

Substratum (SUB)

Exchange: COBINHOOD

Substratum is creating an open-source foundation for a decentralized web which will provide unrestricted access to content and sharing of information for users across the globe. Its mission is to bring forth the free and fair internet of the future by combining proven technological building blocks with emergent technologies in an innovative and holistic way to help solve many of the problems that plague the modern interne

subSUB charts

Crypto Exchange: COBINHOOD
Category: coin
Price at the moment of press: 
$0,6
Market cap: $148 673 215
Website and Explorer

Metal (MTL)

Exchange: Lykke

The MTL Token is an Ethereum ERC20 Token that uses MetalPay's unique Proof-of-Processed Payments (PoPP) to identify and reward users. Metal is a professional grade mobile application and backend that allows users to manage cryptocurrency and FIAT funds. By creating an easy to use interface, Metal bridges the gap between the existing learning curve to use cryptocurrency and the needs of users to interact with traditional currencies for payment.

mtlMTL charts

Crypto Exchange: Lykke
Category: token
Price at the moment of press: 
$4,24
Market cap: $81 804 561
Website and Explorer

Our team is continuously updating all the most relevant information regarding all newest tokens and coins which are hitting the markets and exchanges in 2018.