Poloniex to List EOS

Trading pairs EOS / BTC, EOS / USDT and EOS / ETH will be added on August 1
01 August 2018   1905

The Poloniex exchange listed EOS cryptocurreny.

Since acquiring Poloniex five months ago, we’ve primarily focused on improving the core product experience and stabilizing the performance of the exchange. We improved deposit and withdrawal reliability, updated our customer onboarding process and cleared over 175,000 legacy support tickets. We are now also investing in new ways to grow Poloniex into a premiere destination for crypto asset trading — the addition of EOS is just the first step. [...] At this time, we are only planning to support EOS mainnet tokens and will not be accepting deposits of the ERC-20 variant or providing conversion to mainnet tokens. In addition, we will not be supporting EOS airdrops for the time being.
 

Poloniex Team

Users already can input / output coins. Trading pairs EOS / BTC, EOS / USDT and EOS / ETH will be added on August 1.

Earlier, EOS took the first line in the third rating of the Crypto-Currency of the Center for the Development of the Information Technology Industry of China (CCID).

Old Korean Social Network to Close After Tokensale

Cyworld platform started operating back in 1999 and it conducted an IEO at CoinZest this year
14 October 2019   49

Investors who acquired the clink cryptocurrency issued by the South Korean social network Cyworld are worried about the status of their investments due to the company's sudden closure, reports Korea Times. Some of them are ready to go to court.

The Cyworld platform was launched in 1999 and was especially popular among the country's population until the mid-2000s. The company, however, failed to see the trend towards the development of mobile solutions on time and as a result lost its position in the market. On October 1, it closed her platform without posting any warnings to users.

At the same time, the Clink site was unavailable, and Cyworld management continues to ignore the numerous requests of investors. The Korean exchanges CoinZest and BitSonic, where Clink is still being traded, are considering delisting the asset. Industry officials say Clink's investor losses will be at least 1 billion won ($ 845,000).

Clink's primary distribution was through IEO through the CoinZest platform earlier this year and, according to the Korea Times, it was the company's attempt to bring a fading social network back to life. A total of 24 million Clink tokens were sold for a total of 480 million won ($ 400,000).

In the second half of 2019, employees who have not received salaries since the end of 2018 began to leave the company en masse. Since the start of trading, the Clink price has fallen from 26 won to 0.19 won. According to the Coingecko portal, Clink's current capitalization and revolving volume are unknown, while the marginal issue volume is 10 billion units.