The popular cryptocurrency exchange, Poloniex, has recently decided to delist DigiByte. The news broke just hours after the founder of DigiByte publicly criticized the exchange and the cryptocurrency company that allegedly operates it – Tron.Poloniex Delists DigiByteAccording to an official announcement from cryptocurrency exchange Poloniex, DigiByte will be removed from its platform soon. Interestingly enough, the delisting comes “after a careful review,” and DigiByte “is not qualified for our listing standard.”While Poloniex hasn’t offered any further explanation on the matter, most of the community associates it with previous comments from DigiByte’s founder – Jared Tate. Just hours before the delisting, Tate went against the cryptocurrency exchange, calling it a “circus.” He also
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The popular cryptocurrency exchange, Poloniex, has recently decided to delist DigiByte. The news broke just hours after the founder of DigiByte publicly criticized the exchange and the cryptocurrency company that allegedly operates it – Tron.
Poloniex Delists DigiByte
According to an official announcement from cryptocurrency exchange Poloniex, DigiByte will be removed from its platform soon. Interestingly enough, the delisting comes “after a careful review,” and DigiByte “is not qualified for our listing standard.”
While Poloniex hasn’t offered any further explanation on the matter, most of the community associates it with previous comments from DigiByte’s founder – Jared Tate. Just hours before the delisting, Tate went against the cryptocurrency exchange, calling it a “circus.” He also talked about Tron’s alleged involvement in Poloniex’s operation by saying that the exchange is now TRX’s “shill factory.”
8/8 I am royally pissed my personal data, my friends and families data and other US #DigiByte customers most sensitive data is now in the hands of this circus that is now #Poloniex. Or the $TRX shill factory as we should now call it. Thanks @jerallaire https://t.co/pLg9qrIYse
— Jared Tate (@jaredctate) December 4, 2019
Jared Tate’s outburst against Poloniex and Tron could be related to other news coming from the previous company that owned the exchange – Circle. In a blog post, Circle explained that if customers don’t withdraw their funds from its platform, they will be subject to fees. Moreover, after the 16th of December, if the funds are still not withdrawn, they might be given to the government.
Jared Tate Versus Binance and Tron
Jared Tate’s Twitter attacks have a previous history, as he is well-known with his views against some of the most influential names in the industry – Binance and Tron. More specifically, he has been vocal against the founders of the two companies – Changpeng Zhao and Justin Sun, respectively.
Back in September, Tate was reportedly negotiating with Binance to list DigiByte. However, according to him, the exchange wanted $300,000 and 3% of all DGB to complete the listing. He said, “that is not possible with a truly decentralized blockchain like DigiByte.”
More recently, he went against both CZ and Justin Sun. This time he was even more expressive in his words and openly called them “a bunch of crooks.” This attack was reportedly initiated against the “centralized” nature of Justin Sun’s Tron. According to Tate, Binance controls 56% of Tron’s voting power, which means that CZ and Sun purportedly control 25 of 27 nodes, making it a “centralized theater.”