iFinex News

Major cryptocurrency derivatives exchange Bitfinex has announced the launch of two new chain split tokens, ETHW and ETHS, in an effort to prepare users for all conceivable outcomes of the Merge, ETH’s transition from Proof-of-Work to Proof-of-Stake. Bitfinex Offers New…

Just two days ago, Bitfinex announced they foresee a “meritless” lawsuit coming their way based on a study that has inconsistent assumptions and skewed findings. About a day later, it was revealed that several individuals have taken iFinex to court…

The New York Supreme Court has ruled in favor of Bitfinex for a motion to refuse document submission until the appeal for whether this is even the correct jurisdiction for the case has been decided. According to Forbes, this is merely…

Justice Joel Cohen of the New York Supreme Court extended the preliminary injunction against iFinex and Bitfinex for an extra 90 days. This means the company cannot access Tether’s financial reserves for their own use. The lawsuit emerged after the…

Bitfinex and the New York State Attorney General have embroiled in an aggressive game of ping pong, continuously hitting back at each other’s remarks. In the latest episode, the NYAG claimed Bitfinex serviced New York State customers as early as…

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…