New York’s Supreme Court has rejected Bitfinex and Tether’s appeal in the ongoing dispute between the firms and the NY Attorney General over $850 million in lost funds. A New York Supreme Court has found that veteran cryptocurrency exchange Bitfinex and its related stablecoin company Tether (USDT) must face claims they concealed the loss of…
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Kraken has launched support for trading and funding in AUD six months after acquiring veteran Australian crypto exchange Bit Trade. Major cryptocurrency exchange Kraken has announced support for Aussie dollar (AUD) trading pairs and account funding. Australian dollars will be tradeable against Bitcoin (BTC), Ether (ETH), Litecoin (LTC), Ripple (XRP), Bitcoin Cash (BCH), and Tether…
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Bitfinex’s Bitcoin deposits diminished by 135,000 BTC and data appears to contradict the exchange’s rationale for this occurrence. Data appears to contradict Bitfinex’s claim that the reason for its users withdrawing 135,000 Bitcoin (BTC) from the exchange was an arbitrage opportunity that ensued following Black Thursday. 135,000 BTC later On Thursday, March 12, Bitfinex was…
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As protests rage throughout the United States, this week’s biggest moves in crypto law were behind the scenes. Cointelegraph’s weekly newsletter on the latest in law, policy and regulation for the crypto and fintech industry. Editor’s note A lockdown spring is giving way to a protest summer in the U.S., and this will be an…
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A frenzied period for major exchanges produces unusual phenomena and huge volumes, while Coinbase bows out. Bitcoin (BTC) hitting $10,000 has been frantic activity on exchanges — investors are buying the largest cryptocurrency at five figures, not selling. According to data from monitoring resource Coin Metrics on June 2, one 10-minute period alone saw trading…
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A report indicates that no Ethereum-based Tethers have ever been burned, though new ones are constantly being printed. A report from Flipside Crypto indicates that no Ethereum (ETH)-based Tether (USDT) tokens have ever been burned. The report has also come to a conclusion that the stablecoin is mostly used by arbitrageurs on centralized exchanges. The…
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Binance taking the top spot on recently purchased CoinMarketCap has raised concerns among executives from other top crypto exchanges. For an industry that is supposed to be based upon decentralization, it appears to be getting crowded at the top, with a number of companies transforming into unspoken oligarchs, each wielding huge influence — or at…
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The number of Bitcoins held on centralized exchanges has fallen by more than 10% since Black Thursday in March. Data compiled by Glassnode is showing that the number of Bitcoin (BTC) held on top crypto exchanges has steadily fallen since the violent mid-March crash that saw crypto prices tumble by 50% in a single day.…
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Bitfinex cryptocurrency exchange has partnered with London-based digital asset custodian Koine to roll out institution-grade custody and post-trade services. Bitfinex cryptocurrency exchange has partnered with London-based digital asset custodian Koine to roll out institution-grade custody and post-trade services. On May 13, Bitifinex announced that Koine would be providing the exchange with a series of services…
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Bitfinex exchange has opened a social network for traders. Catering to the social realm of the digital sphere, crypto exchange, Bitfinex, announced its own social network, which opened today. On the exchange’s social network, called Bitfinex Pulse, customers can immerse themselves in the energetic world of trading, collaborating on concepts, and other market related activities,…
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