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16/09/2019  CBA:  USD - 476.16 AMD -0.02 GBP - 592.63 AMD -0.31
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16/09/2019  CBA:  PLATINUM - 14635.31 AMD +121.87
17/05/2016  NASDAQ OMX ARMENIA:   USD/AVG - 477.75 AMD -2.70
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Circle Acquires Crypto Exchange Poloniex
26/02/2018 19:38

Circle Acquires Crypto Exchange Poloniex

Circle announced Monday that it has acquired the U.S.-based cryptocurrency exchange Poloniex, confirming recent rumours about the deal.

In a statement, Poloniex said that its team would be bolstered by the operational and customer support resources from Circle "so that we can continue to scale effectively going forward."

"We recognize that our extraordinary growth these past few years has not come without some growing pains for our users. We look forward to bringing Circle's experience to increase the scalability and reliability of our platform and operations."

Rumors about the acquisition had been in the air for weeks prior to Monday's announcement. On Feb. 2, a report on the Modern Consensus said that Circle "is deep in discussions to acquire Poloniex." Fortune's Robert Hackett reported today that, according to a source with knowledge of the deal, Circle paid roughly $400 million to buy out Poloniex, which launched in 2014.

Commenting on the deal, Circle said that it plans to build on the work done previously by the Poloniex team, setting the goal of pushing it past being "an exchange for only crypto assets."

"We envision a robust multi-sided distributed marketplace that can host tokens which represent everything of value: physical goods, fundraising and equity, real estate, creative productions such as works of art, music and literature, service leases and time-based rentals, credit, futures, and more," co-founders Jeremy Allaire and Sean Neville wrote.

In its own statements, Poloniex stressed that its users would see no disruption of services during the transition, writing that "any updates we make in the course of this transition will be behind-the-scenes and focused on strengthening user experience, platform performance, and security.

"Your funds will remain safe and access to account functionality uninterrupted throughout," the exchange added.

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AMD Rates
08:39 17/09 Buy Sell
AMD / USD 475.50 477.50
AMD / EUR 523.00 527.00
AMD / RUR 7.41 7.51
dollars
dollars
CBA Rates
16/09/2019
USD / AMD
476.16
-0.02
EUR / AMD
526.54
-2.07
RUR / AMD
7.43
+0.02
GBP / AMD
592.63
-0.31
Cryptocurrencies
11:05 17/09
BTC/AMD
4,884,712
-0.91%
BTC/USD
10258.5520567
-0.91%
ETH/USD
198.664245821
+2.47%
BCH/USD
308.57845037
+0.30%
XRP/USD
0.2615762286
-0.54%
LTC/USD
73.0680616817
+1.92%
Capitalization
BTC
184,045,348,420
-0.90%
ETH
21,411,126,369
+2.48%
BCH
5,556,788,161
+0.31%
XRP
11,254,169,056
-0.54%
LTC
4,623,198,322
+1.93%
CBA Metals
16/09/2019
dram / gram
Gold
23010.8
-186.22
Silver
277.78
-0.70
Platinum
14635.31
+121.87
FOREX
08:39 17/09
EUR/USD
1.1011
-0.52%
GBP/USD
1.2414
-0.35%
USD/JPY
108.19
+0.28%
EUR/GBP
0.8868
-0.18%
Oil
08:39 17/09
$ / barrel
Brent
68.27
+13.37%
Light Sweet
62.02
+13.13%
COMEX
08:39 17/09
$ / tr. oz
Gold
1505.50
+0.66%
Silver
17.91
+2.28%
Platinum
939.70
-1.14%
LME / 3M
08:39 17/09
$ / tonne
Aluminium
1802.00
-0.39%
Copper
5896.00
+0.36%
Nickel
17625.00
-2.11%
Tin
17275.00
-1.00%
Lead
2105.00
+0.77%
Zinc
2380.00
+0.89%
Molybdenum
25970.00
+0.43%
Cobalt
37000.00
+0.00%
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08:39 17/09
point
Dow Jones
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2997.96
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3030.75
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16/09/2019
Refinancing
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5.50
+0.00
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Lombard Repo Rate
7.00
+0.00
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4.00
+0.00
Macroeconomy
07/2019
CEA
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+6.80%
Ind. Prod. 3
Volume of Industrial Production
1,079
+8.40%
Export 1
Экспорт
1,417.5
+3.0%
Import 1
Импорт
2,778.0
+1.90%
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+1.90%
Avg. Salary 2
Average salary
178,325
+5.90%
Services 3
Volume of services
1,086.4
+15.2%
Construction 3
Volume of construction
166.7
+4.50%
1 - mln AMD, 2 - AMD, 3 - bln AMD