According to an exclusive report on the blog Blockchain Technology Modern Consensus, Circle, a shipping application from 39, multi-currency money, would be acquiring Poloniex, an important exchange of cryptocurrency in the United States

Modern Consensus cited two anonymous sources that had information about it. potential agreement.

However, when asked about the acquisition of Poloniex, Raj Date, a member of the board of directors of Circle, said Modern Consensus:

"I do not can not comment on something like that I am currently in Europe right now, thanks for the attention. "

Ari Paul, the CIO of BlockTower Capital, denied the legitimacy of any agreement on Twitter, citing his own source at Circle and calling the article the Modern Consensus. " False News ":

I have just posted a link to an article claiming that Circle was acquiring Poloniex. Someone replied usefully that the article was fake news. I confirmed with Circle that the article is not correct. Circle does not buy Polo (according to the source of my circle.) – Ari Paul (@AriDavidPaul) February 3, 2018

Modern Consensus is a blog founded by Ken Kurson, former editor in chief of the New York Observer, which covers technological news in the spheres of cryptocurrency and Blockchain.

Another Twitter user responded to Paul with doubts about his alleged source of Circle.

Do you think there is a possibility that your source at Circle is false or intentionally denied? Asking for the post on the modern consensus is by Ken Kurson, who seems to be someone who would take care of their reputation. – Vlad Stanishev (@xbrkd) February 3, 2018

Kurson cited one of the sources, which he called " highly placed ", with apparent access to discussions of Acquisition as follows:

"Circle and Poloniex accepted the terms and Circle has already approached the regulators.The regulators came back with a list of KYC claims [Know Your Customer] and Circle agreed to fulfill all the conditions. "

Circle and Poloniex did not respond to requests for comments from Cointelegraph on the current case.

Circle, which received $ 50 million from Goldman Sachs at a round table in 2015, contains Circle Pay for fiat transfers, Circle Trade as a provider of cryptocurrency liquidity and will soon add Circle Invest, an app

Poloniex is currently the 14th largest 24-hour volume crypto exchange on CoinMarketCap, trading a total of nearly $ 300 million that day . The exchange allows users to trade 68 different coins, a huge number compared to Coinbase's popular GDAX crypto exchange platform, which offers only four, but is in 7th place by volume of negotiation. The exchange of Poloniex has encountered problems this year with incorrect user balances and a very slow withdrawal period.