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RE: Bitshares - State of the Network - 27th February 2018
Thanks again for another excellent update on the State of Bitshares!
Reading through, I came across something that has peeked my interest this week:
"PoloniEX has seemingly emptied their BTS cold wallet (poloniexcoldstorage) into their hot wallet (poloniexwallet). This may be related to the recent news that Circle has acquired PoloniEX."
What will this imply, especially knowing who PoloniEX was acquired by? I am still digesting the news...
Namaste :)
I wonder about this too. It is in Poloniex' best interest to keep BitShares' price as low as possible, so maybe they could use it for that. Eventually, they would run out of coins to dump, though.
/speculative_as_heck
https://blog.circle.com/2018/02/26/circle-acquires-poloniex/