Poloniex To De-List 27 Altcoins
Breaking: Poloniex has announced that 27 crypto markets will be de-listed from their cryptocurrency exchange on the 5th of September, 2016. Some of the de-listings are expected, like DAO, Dashcoin, and others less so – the most surprising being Mintcoin, with a market cap of 1.22 Million USD at the time of writing. The complete list of removals was delivered today on the Poloniex Twitter account in two concurrent messages: Most of these altcoins’ markets are comparatively very small, coming in under 100,000 USD. Others are defunct. Poloniex changes listings regularly, but not usually this....
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The majority of altcoins dropped sharply Tuesday, while Bitcoin surged ahead on reports major exchange Poloniex was unable to cope with the demand. As multiple altcoins shot up in price over the past two weeks, trading activity has increased with them. Poloniex, which deals with many of the most popular assets, began showing signs of strain over the past 24 hours. On social media, users were complaining about lag in trading and price data, transactions failing to complete and the site even failing to load altogether. Panic selling thereafter has put major pressure on all the altcoins in....
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