UK High Court freezes $1million bitcoin in ransomware case

UK High Court Freezes $1M of Bitcoin in Ransomware Case

A UK High Court ordered a proprietary injunction on Bitcoin obtained through a ransomware attack on a Canadian Insurance Company. The proprietary injunction is an order which prevents a person from dealing with their own assets when it is subject to a proprietary claim. The UK High Court releases documents concerning a ransomware attack on […]

cryptocurrency exchange bitfinex

Cryptocurrency Exchange Bitfinex Introduces Sub-Account Feature

Cryptocurrency exchange Bitfinex releases a new feature on its platform. Institutional traders worldwide can now create up to 100 trading accounts within one master account. According to the announcement, the ‘Sub-Account’ feature in Bitfinex is enabled in response to the flowing customer demand. It will allow users in the first place to deploy various trading […]

Crypto scam in Israel

Israeli Brothers Accused Of Bitfinex Crypto Exchange Hack

The cyber unit of the Israeli Police arrested two brothers for Bitfinex crypto exchange hack and other phishing attacks. These two brothers belong to Jerusalem, Israel. These two brothers are Eli Gigi and younger brother Assaf Gigi. They allegedly obtain access to other’s accounts and steal cryptocurrencies. These two brothers used to make cloning credentials […]


Bitfinex will Go Offline for Maintenance Along with Peer Ethfinex

To integrate new system upgrades the cryptocurrency exchange Bitfinex will go offline on June 26th. The exchange will be down for seven hours. Within this period no deposits, withdrawal or trading can take place. Also, users won’t be able to access their wallets. However, the firm assures that the existing funds of the users will […]


Ampleforth Carries out Record Token sale: $5 Million Raised in 11 seconds

Ampleforth carries out a record token sale in the initial exchange offering of Bitfinex Tokeinex. The firm saw its maximum cap i.e $5 million raised in just 11 seconds. This information comes from an announcement by Ampleforth. The Ampleforth sale¬†reflected ten percent of AMPL’s token supply. Apparently, those who were in the sale will receive […]

Bitfinex will be listing OKEx's token OKB and USDK

Bitfinex Will Be Listing OKEx’s Token And OKLink’s Stablecoin

One of the globally leading crypto exchange Bitfinex is listing OKEx’s token OKB and USDK on its platform. The latter is a co-developed stablecoin of the blockchain tech firm OKLink. The trading pairs will officially open on Bitfinex from 10 am on June 13, 2019. There are nine new trading pairs including ¬†USDK/USD, BTC/USDK, ETH/USDK, […]

Bitfinex Will Launch USTD

Bitfinex Will Launch USTD On The Lightning Network

The crypto giant Bitfinex will launch USTD on the Lightning Network shortly. The sister firm, Tether is in charge of the USTD stablecoin. The information comes from the CTO at Bitfinex when he spoke to a popular news outlet. According to him, this is one of the coolest things the company has ever worked on. […]

Bitfinex Recovers Stolen BTC and Reimburses Clients with US Government Help

Bitfinex Recovers Stolen BTC with US Government’s Help and Reimburses Clients

Bitfinex, an advanced cryptocurrency exchange, has announced the recovery of a part of the stolen Bitcoins which was reported in 2016. The exchange had lost 120,000 BTC (approx. $72 million) and currently retrieved 27.7 BTC of it, which be refunded to about 5,000 of its affected customers. The exchange had collaborated with unnamed law enforcement agencies from both the U.S. and Europe to conduct investigations into the case.