Bitfinex has again surveyed its exchanging sets and declared it will begin another rush of delisting soon. Other than a specialized technical trouble, carrying small-scale coins and low-volume markets can…
U.K. Court Orders Bitfinex to Freeze $860,000 Worth of Bitcoin Linked to Ransomware Attack
The Royal Courts of Justice has ordered Bitfinex to freeze $860,000 worth of Bitcoin after the exchange and blockchain sleuthing firm , Chainalysis traced the funds towards a ransomware. As indicated…
Manipulation Case Against Bitfinex Withdrawn Only to Have Two New Cases Filed Days Later
Bitfinex and Tether have had a lawsuit against them withdrawn by the plaintiffs. Also, they were refiled with the addition of a new plaintiff. The two firms were accused of…
Bitfinex Finally Confirms Its $1 Billion IEO, Releases White Paper
After weeks of speculations, Bitfinex has finally released the white paper for its controversial Initial Exchange Offering (IEO) from which the firm is hoping to raise $1 billion in funding…
Tether Lawyer Reveals USDT is Only Backed by 74% of Fiat
It is common knowledge and the well-propagated idea that each Tether stable coin USDT is backed by one US dollar, i.e for every USDT token, there is a dollar backing…
Bitfinex Planning To Conduct IEO In Order To Raise $1 Billion in USDT
Bitfinex and controversy seem to go hand in hand, as many reports have claimed that the exchange is planning to raise $1 Billion in USDT through an Initial Exchange Offering…
Bitfinex and Ethfinex Will Be Out Of Service For 7 Hours on January 7
Cryptocurrency trading platforms Bitfinex and Ethfinex will both be down for up to 7 hours, starting from 10:00 AM UTC, January 7, 2019, due to an important data migration that…
Santiment Declares Tether as the Best Stable Coin
Santiment a crypto-focused data analytics firm recently researched on the most stable of the Stable-Coins. There were nine stable coin contenders in the race, and the outcome was not all that…
Bitfinex Adds USDC, TUSD, PAX & GUSD, Gives Tether Competition
Cryptocurrency exchanges Ethfinex and Bitfinex support trading for all six of the major stablecoins in the market. Adding its support for Tether’s USDT and MakerDao’s Dai, the sister platforms recently…
Tether and Bitfinex Under Investigation by the U.S. Justice Department
The bitcoin rally that caused prices to reach $20,000 has come under a microscope as the US Justice Department is currently investigating the event for possible evidence of market manipulation….
Tether Starts New Partnership With Deltec Bank and Trust
In a statement, released on the 1st of November, the issuing authority of Tether (USDT), a cryptographic stablecoin, announced that after cutting off ties with their previous financial institution, it has entered…
Bitfinex Unveils New “Distributed Banking Solution”
Bitfinex, according to CoinMarketCap, is one of the largest cryptocurrency exchanges, has unveiled a “distributed banking solution” which they expect will be an acceptable solution to much-discussed banking vows. This…