#BItfinex

Exchanging of Favors: Bitfinex and OKEx Mutually List Native Tokens

June 13, 2019 by Edoardo Vecchio at Exchange, News

OKEx announced on June 12, 2019, the listing of its native token OKB on cryptoexchange Bitfinex, along with USDK, a stablecoin co-developed by OKLink and Prime Trust. The two new entries to the Bitfinex roster will offer 9 new pairs, which officially opens nine new trading at 10:00 am (UTC)...

Tether (USDT) Market Cap Sees 65% Surge Since Bitcoin’s April Bull Rally

June 13, 2019 by Anthonia Isichei at News

Since the beginning of April 2019, Tether (USDT) market capitalization seems to be growing in tandem with the recent bitcoin price surge. The current USDT market cap which stands at $3.34 billion surged 65 percent since the bull rally on April 1, 2019. In the meantime, Tether’s current performance comes...

Bitfinex Launches Ethereum-based OTC Trading Desk via Ethfinex

June 4, 2019 by Ogwu Osaemezu Emmanuel at Ethereum

Bitfinex announced the launch of its over-the-counter (OTC) trading desk via Ethfinex, a hybrid, Ethereum-based cryptocurrency exchange that supports roughly 50 ERC-20 token standards, according to a tweet on June 3, 2019. Ethfinex Trustless now Live As stated on its official Twitter handle, the Bitfinex team has launched a new...

Tether (USDT) to Launch on EOS Blockchain Network

June 2, 2019 by Ogwu Osaemezu Emmanuel at Altcoins

Paolo Ardoino, CTO of Bitfinex, a Hong Kong-based cryptocurrency exchange revealed that Tether (USDT), a stablecoin backed by USD, will be launching on the EOS blockchain protocol. The CTO also hinted that Tether might launch on the Lightning Network by 2019's end, according to reports released on May 31, 2019....

Bitfinex and Ethfinex Launch Initial Exchange Offering Platform Tokinex

May 23, 2019 by Ogwu Osaemezu Emmanuel at Altcoins

In a blog post on May 21, 2019, Bitfinex, a Hong Kong-based cryptocurrency exchange & Ethfinex, a decentralized exchange owned by Bitfinex announced the launch of Tokinex, an initial exchange offering (IEO) platform which can be used by qualified customers to discover and participate in carefully selected, pre-vetted token sales...

Bitcoin Running out the door of an Exchange

Report: Mass Withdrawals from Exchanges Could be Behind Bitcoin’s Price Rally

May 16, 2019 by Aisshwarya Tiwari at Bitcoin, Exchange, Investment, News

Citing data from blockchain research firm TokenAnalyst, Bloomberg reported on May 15, 2019, that the current boom in the price of bitcoin (BTC) might just be the consequence of investors withdrawing their holdings from large exchanges due to renewed ambiguity surrounding their financial health. Bitfinex Tether Fiasco Could have Indirectly...

Bitfinex Tree Glowing Raising Funds Tether

Bitfinex CTO Says Exchange Raised $1 Billion Through Private Placement

May 13, 2019 by Ashwath Balakrishnan at Bitcoin, Exchange, Investment

Paolo Ardoino, CTO of cryptocurrency exchange Bitfinex, claims the company has raised capital for its billion-dollar initial enterprise offering (IEO) through private placements from investors in iFinex Ltd, the parent of both Bitfinex and Tether, in a tweet on 13 May, 2019. The claims come at a time when Bitfinex...

Bitfinex Releases IEO Whitepaper, Claims $404 Million Net Profit in 2018

May 11, 2019 by Ashwath Balakrishnan at Bitcoin, Crime, Exchange

Under fire cryptocurrency exchange, Bitfinex, has released a whitepaper claiming they turned a $404 million net profit in 2018, as reported by Bloomberg on May 9, 2019. The information provided is not backed by evidence as the exchange only revealed select data from their financial statements. Bitfinex Addresses Insolvency Claims In...

Bitcoin Moves Towards $6,000 Mark as Momentum Remains Positive Despite “Untethered” Tether

May 6, 2019 by Alex Lielacher at News, News Digest

The price of bitcoin rallied by over nine percent week-on-week despite the revelations that market-leading stablecoin USDT is not fully backed by US dollars as we were made to believe. On Sunday evening, BTC/USD traded at $5,785. The Big Stories At the start of last week, Tether finally admitted to...

Crypto Exchange Bitfinex Looks to Raise $1 Billion by Sale of Native “LEO” Token

May 6, 2019 by Aisshwarya Tiwari at Altcoins, Business, Exchange, News

On May 4, 2019, Dong Zhao, a stakeholder of Hong Kong-based cryptocurrency exchange Bitfinex, tweeted what is allegedly an excerpt of a whitepaper which sheds light on the exchange’s upcoming $1 billion initial exchange offer (IEO). Bitfinex Unfazed by Recent Accusations Recently, Bitfinex was in the news for reasons it...

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