April 2019 Summaries

Poloniex has announced that Cosmos Atoms, the native token of the Cosmos Network, is now available for trading and redemption on its platform. The exchange has become the sole venue where ICO participants can securely redeem their tokens, following its pioneering move to allow these participants to preview their ATOM balance. Cosmos aims to facilitate blockchain interoperability and scalability through its Tendermint Core consensus engine, promoting mainstream adoption of blockchain applications. Poloniex has implemented robust security measures to ensure the secure redemption of Atoms, including the use of seed phrases that remain within users' browsers. Alongside the introduction of Cosmos Atoms, Poloniex has enhanced its infrastructure to significantly improve trading speeds, launched new markets for margin trading for non-US customers, and added support for emerging digital currencies like Grin, FOAM, and Livepeer.

Circle Internet Financial released an attestation report from Grant Thornton LLP, confirming the USD reserves backing their USD Coin (USDC) as of March 31, 2019. The report indicates that 246,586,876 USDC tokens were issued and outstanding, with $246,590,714 held in custody accounts, ensuring that the tokens do not exceed the USD reserves. Circle aims to revolutionize financial transactions by enhancing accessibility, inclusivity, and efficiency, thus fostering global economic opportunity. Grant Thornton LLP will continue to provide monthly attestation reports on Circle's USDC reserves.

Circle Internet Financial announced that Poloniex, a cryptocurrency exchange, has introduced margin trading for non-U.S. customers using Bitcoin Cash (BCHABC) and Bitcoin SV (BCHSV) with a 2.5 times leverage, using Bitcoin (BTC) as the base pair. This update follows the recent addition of Ethereum Classic (ETC) to the margin trading offerings. Now, Poloniex users can trade a variety of cryptocurrencies on margin, including XRP, ETH, and LTC, among others, all paired with BTC. Additionally, BCHABC and BCHSV are available for lending, allowing holders to earn interest. This expansion is part of Poloniex's strategy to enhance its platform's innovation and accessibility. Circle aims to transform financial transactions globally, promoting economic opportunity and prosperity.

Circle Internet Financial has announced an update to the Poloniex mobile trading app, now available for iOS in addition to Android, offering an enhanced trading experience with features like customizable percentage trading via a slider and comprehensive data displays including real-time order books and market depth. The user-driven improvements aim to create a seamless trading experience, and Circle encourages feedback through Twitter to further enhance the app. Circle is focused on revolutionizing financial transactions by enhancing accessibility, inclusivity, and efficiency, thereby fostering greater economic opportunity worldwide. Additionally, related content highlights Circle's ongoing efforts to expand their financial infrastructure and partnerships.