#BItfinex News

Tether & Bitfinex have reached a settlement with NewYorkStateAG

Bitfinex Settles with New York Prosecutors for $18.5M

February 23, 2021 by Anthonia Isichei at Regulation

The case between New York authorities and major crypto exchange Bitfinex has finally reached a conclusion with an $18.5 million settlement. Meanwhile, Tether’s reserve which has been a matter of some speculation will soon be put to rest with quarterly information to be provided following the settlement of the case....

SEC Should Monitor Tesla's Elon Musk for Market Manipulation - Roubini

Bitcoin Critic Roubini Accuses Elon Musk of Market Manipulation

February 12, 2021 by Adeniyi Olowoporoku at Bitcoin

Bitcoin critic Nouriel Roubini has criticized Telsa CEO Elon Musk for alleged manipulation of the cryptocurrency markets. According to the economist, the Securities Exchange Commission should be looking into the world's richest man's affairs. Elon Musk and Michael Saylor Criticized Roubini made these statements in an interview with CoinDesk TV...

Altcoin Explorer: Tether, The World's First Successful Stablecoin

Tether Banker Says the Stablecoin is Fully-backed

January 23, 2021 by Anthonia Isichei at Altcoins

Deltec, the Tether (USDT) banker based in the Bahamas, says the popular stablecoin is fully-backed, downplaying long-standing reports of the integrity of its client's reserves. The declaration is coming as both Tether and Bitfinex are submitting documents to the New York Attorney General (NYAG) concerning an $850 million embezzlement case...

The Issuer of Tether (USDT) May Get Audited in 2021

January 12, 2021 by Dalmas Ngetich at Altcoins

In a podcast hosted by Peter McCormack, Stuart Hoegner, the General Counsel of Bitfinex—an exchange closely related with Tether Limited, revealed that the official issuer of the USDT stablecoin, Tether Limited, might get audited. Assets backing the token could, therefore, be revealed at an unspecified time in 2021. Joining him...

FinCEN Signals Intent to Enforce Disclosure of Offshore Crypto Holdings

January 9, 2021 by Wayne Jones at Regulation

In yet another blow to the cryptocurrency industry, the US Treasury has revealed plans to mandate the reporting of crypto holdings over $10K held with foreign digital currency service providers. FinCEN, an arm of the Treasury Department that oversees domestic financial laws' enforcement, will implement the new rule when adopted. ...

Ethereum (ETH) Held by Bitfinex Exceeds Entire DeFi Market

Ether (ETH) Held by Bitfinex Exceeds Entire DeFi Market; Bitcoin Holdings Plunge by Half

May 13, 2020 by Anthonia Isichei at Ethereum

Major crypto exchange Bitfinex, while experiencing a sharp plunge in BTC balance since mid-March, is now holding more ETH than the total value locked (TVL) in the decentralized finance (DeFi) market. Bitfinex Ethereum Balance Crosses 4 Million Tweeting on Tuesday, May 12, 2020, Elias Samos, Senior Research Analyst for digital...

Crypto Exchange Bitfinex Unveils Social Networking Platform “Bitfinex Pulse”

April 27, 2020 by Ogwu Osaemezu Emmanuel at Blockchain

Bitfinex, a leading British Virgin Islands-based Bitcoin (BTC) trading venue, has announced the launch of its native social network called Bitfinex Pulse. The firm says the new social network will enable traders to share ideas and high-quality content that will give them an edge when trading, according to reports on...

South Korean Crypto Exchange APRObit Adopts Bitfinex Joint Order Book System, Launching in March

February 12, 2020 by Aisshwarya Tiwari at Blockchain

It will be the only cryptocurrency exchange available in South Korea that adopts an international joint order book system. APRObit will be the first exchange in South Korea to adopt Bitfinex’s joint order book system, which shares the market depth of Bitfinex’s BTC, ETH, and USDT trading pairs APRObit will...

Bitfinex Exchange Launches Tether Gold (XAUT) Margin Trading with 5x Leverage

January 31, 2020 by Ogwu Osaemezu Emmanuel at Altcoins

Bitfinex crypto exchange has announced the launch of its Tether Gold margin trading service. Traders on the platform can now trade various pairs of Tether Gold, including XAUt/USD, XAU/USDt and XAUt/BTC with up to 5x leverage, according to a press release on January 30, 2020. Tether Gold Margin Trading Live...

Bitfinex Crypto Exchange Adopts Chainalysis KYT to Combat Money Laundering

December 13, 2019 by Anthonia Isichei at Blockchain

Major cryptocurrency exchange platform, Bitfiniex, has taken steps to monitor transactions that occur on the platform, by integrating a compliance tool, Chainalysis KYT from Chainalysis, a top blockchain analysis startup. The tool will help the crypto exchange to monitor transactions that occur on the exchange and combat money laundering and...

Bitcoin and Ether Market Update: December 5, 2019

December 5, 2019 by Georgi Hristov at Altcoins, Bitcoin, Cryptocurrency Market Outlook, Ethereum, News, News Digest, Price Analysis, Price pages, Ripple, Stablecoins, Top Coins For The Week

Total crypto market cap lost $3.9 billion of its value since the morning of Monday, December 2 and now stands at $197.5 billion. Top ten coins are all in green for the last 24 hours with Binance Coin (BNB) and Bitcoin Cash (BCH) being the best performers with 3.1 and...

Bitfinex Integrates Lightning Network Deposits and Withdrawals

December 3, 2019 by Edoardo Vecchio at Bitcoin

Major global crypto exchange Bitfinex has become the first exchange to integrate Bitcoin Lightning Network deposits and withdrawals. Bitfinex released the official news exclusively for its users on December 2 and subsequently, the information, was confirmed by Bitfinex CTO Paolo Ardoino via Twitter. Bitfinex Bring Lightning to the Mainstream By...

Forensic Researchers Claim a Single Whale Caused the 2017 Bitcoin (BTC) Spike

November 5, 2019 by Ashwath Balakrishnan at Bitcoin

John Griffin and Amin Shams, two well-known forensic researchers, have built on their previous research which accused Tether (USDT) of single-handedly causing the 2017 bitcoin rally. According to research shared with Bloomberg, the two have found that when BTC decreased in a certain increment on Bitfinex, one single whale exerted...

President of Payment Processing Firm Linked to Bitfinex-Tether Fiasco Arrested by Polish Authorities

October 25, 2019 by Aisshwarya Tiwari at Altcoins

Polish news outlet wPolityce reported on October 24, 2019, that Ivan Manuel Molina Lee, the CEO of the controversial Panama-based payments processor Crypto Capital was arrested by the Polish authorities on suspicion of money laundering and involvement with an international drug cartel. More than Meets the Eye? Crypto Capital, a...

Bitfinex Moves Judiciary to Unlock their $880 Million in Seized Capital

October 21, 2019 by Ashwath Balakrishnan at Bitcoin, Development

According to new court filings, Bitfinex's parent company, iFinex Inc, has filed a discovery with relation to the $880 million seized from the exchange and its partner companies. These funds were held by Crypto Capital on behalf of Bitfinex and was seized by the FBI amid shadow banking allegations, as...

Pages: 12345Last Page