Company
Date Published
Author
Team Circle
Word count
527
Language
English
Hacker News points
None

Summary

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.