Poloniex refused to support Bitcoin Gold

According to official statement of cryptocurrency exchange, BTG won't be supported unless it had implemented replay protection
24 October 2017   2653

Popular US-based cryptocurrency exchange released statement regarding the BTG hardfork.

We've stated in the past that the safety of our users' tokens is our chief concern. As such, we have refused to support a forked token unless it had implemented replay protection. We would like to further urge our users to be immensely cautious of any token that expects to be given private keys that control value on another blockchain. This is dangerous and unnecessary, even for an alt like BTG that seeks to distribute tokens using the state of an existing blockchain.
 

Poloniex Statement

Additionally, Poloniex released reminders that apply to all balance-duplicating alts:

  1. If you wish to be guaranteed tokens distributed according to existing blockchain address balances, you should keep your tokens in addresses for which you control the private keys.
  2. If Poloniex credit accounts with forked tokens, they will do so according to balances at the time of the fork. If you have tokens on loan at the time of any fork related to that token, they are not in your balance, therefore you will not receive any forked tokens for them.
  3. Under no circumstances will we redeem tokens distributed according to the balances of addresses that contain customer funds and keep them for ourselves. Should we redeem them, we would only do so to distribute them to our users.

 

Circle to Unveil Poloniex Asset Listing Framework & Form

The criteria for selecting assets are divided into five categories
20 June 2018   193

Circle has published a manual that includes a description of the criteria for valuing assets that appear on the Poloniex cryptoexchange, as well as in the Circle Invest and Circle Trade product lines.

The criteria for selecting assets are divided into five categories: the project base, the underlying token technology, the development team, the business model, and the target market.

One of our primary goals for Circle products like Poloniex, Invest, and Trade is to provide our customers with access to innovative new projects that fuel the industry. Today, we’re very excited to share the new Circle Asset Framework, Asset Listing Form, and some details on how we plan to list new assets as well as handle other common cryptocurrency events.
 

Poloniex Team

Each criterion has a list of potential issues that experts consider during the analysis of the project. As noted in Circle, this structure is not rigid and exhaustive - it is necessary to select those criteria that are really important for Poloniex customers.

Circle also published an application form, which is submitted for placement of assets in the company's projects. The company stressed that it is not going to take money for listing on Poloniex and in its other projects.