Bitfinex’s CTO Paolo Ardoino has dismissed claims by hacking group Fsociety, that allege a breach of the cryptocurrency exchange’s database. Ardoino deemed the claims “fake” and emphasized that no ransom request was made through official channels such as bug bounty programs, customer support tickets, emails, or social media platforms. Bitfinex Clarifies Misinformation Surrounding Alleged Data…
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A new analysis by Bitfinex researchers predicts a 160% surge in bitcoin’s price in the upcoming 12-14 months, potentially reaching over $150,000 per unit. This forecast, derived from historical data and statistical models related to previous Bitcoin halving events, suggests a bullish future for the world’s leading digital currency. Bitfinex Researchers See Bitcoin Soaring Past…
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Onchain data reveals the stablecoin giant Tether has once again bolstered its bitcoin reserves, making an addition of 8,888.88 bitcoins to its wallet as of March 31. Tether’s Bech32 address now ranks as the seventh-largest holder of bitcoin by volume. Tether’s Latest Acquisition Puts Stash at 75,354 Bitcoin Though Tether has not officially confirmed its…
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The Wall Street Journal is facing a defamation lawsuit over an article that allegedly falsely accused a Thai-based aviation fuel broker and his company of involvement in illegal activities at stablecoin issuer Tether and crypto exchange Bitfinex. Christopher Harborne, the owner of AML Global Ltd., filed the lawsuit in a Delaware state court on February 28, claiming…
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The revelation from hacker Ilya Lichtenstein sheds light on one of the largest Bitcoin heists in history, involving the looting of billions of dollars from the crypto exchange Bitfinex using Bitcoin Fog. Ilya Lichtenstein, a prominent figure in the crypto industry known for his involvement in high-stakes criminal activities, has taken the stand as a…
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Bitfinex has launched Bitfinex Securities El Salvador S.A. de C.V., its securities tokenization services company in the country. The exchange, one of the first regulated digital asset service providers in El Salvador, expects its proposal to be well-received among potential customers and has planned for several token issuances this year. Bitfinex Launches Digital Securities Issuance…
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Over the last few years, El Salvador has been making considerable efforts to become Latin America’s crypto hub. Today, two and a half years after adopting Bitcoin as a legal currency in the country, Bitfinex Securities announced the launch of Bitfinex Securities El Salvador S.A., the first platform to offer tokenized securities. Launching The First…
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Amazon MGM Studios is reportedly in the early stages of developing a movie based on the exploits of the couple involved in laundering billions of dollars worth of Bitcoin connected to the 2016 hack of the cryptocurrency exchange Bitfinex. According to a report from Deadline on January 26, the film will focus on the actions of…
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Bitfinex’s security protocols came into the spotlight when a seemingly massive XRP transfer, initially causing alarm among crypto watchers, turned out to be a foiled exploit attempt. $15 Billion of XRP Transfer Attempt Fizzles Out A failed exploit attempt on cryptocurrency exchange Bitfinex was brought to light, involving nearly $15 billion worth of XRP tokens,…
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A transaction involving a whopping 25.6 billion XRP (valued at nearly $15 billion), nearly half of the total circulating supply of approximately 54.26 billion, raised alarm within the crypto sector in the late evening of January 14. The transfer was reported to have originated from an unknown wallet to the cryptocurrency exchange Bitfinex. Were 25.6…
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