Bitfinex

Bitfinex to delist 87 crypto trading pairs

BitFinex to Delist 87 Crypto Trading Pairs on March 26 Aiming to Improve Liquidity

Major cryptocurrency exchange BitFinex announced the removal of 87 crypto trading pairs due to low liquidity levels as of March 26 at 10:00 GMT. According to the company, the measure seeks to consolidate and improve liquidity, allowing them to move towards a more streamlined and optimized trading experience. BitFinex provided to the media additional details […]

cryptocurrency exchange bitfinex lists $280M crypyto hedge fund

Cryptocurrency Exchange BitFinex Lists $280M Crypto Hedge Fund

BitFinex, the major cryptocurrency exchange and partner firm of stablecoin Tether (USDT) is listing a multi-million-dollar cryptocurrency hedge fund. The exchange announced on March 16 that it has listed Bahamas-based crypto hedge fun Fulgur Alpha, which is currently worth $280M dollars. According to BitFinex, the fund – which is only accessible to professional investors – […]

BitFinex launches tether gold futures trading after it hit $21m market cap

BitFinex Launches Tether Gold Futures Trading After It Hit $21M Market Cap

Major cryptocurrency exchange BitFinex, the sister exchange of stablecoin firm Tether, has rolled out futures trading for Tether’s new gold-backed coin. Starting on 6th March, BitFinex users can trade futures contracts on Tether Gold (XAUT) against Tether (USDT), a widely-known and controversial stablecoin pegged to the United States dollar. The new feature is only available […]

Tether CTO to tell the story of USDT

Tether CTO to Tell the Story of USDT Stablecoin at Upcoming Conference

Amid ongoing lawsuits surrounding controversial stablecoin Tether (USDT), the company’s CTO plans to detail the asset’s background at an upcoming conference. BitFinex & Tether CTO Paolo Ardoino is slated to recount “the story of Tether’s inception and success” in the keynote speech at the CryptoCompare Digital Asset Summit in London on March 10, a statement […]

BitFinex completes another $100M repayment to Tether

BitFinex Completes Another $100M Loan Facility Repayment to Tether

Hours after experiencing a major denial of service attacks (DDoS) attack, Bitfinex has announced it repaid another part of the loan facility to Tether. In a Feb 28 blog post, BitFinex revealed that the cryptocurrency exchange repaid $100 million of outstanding loan facility to major stablecoin operator Tether (USDT). Similarly to a previous repayment in […]

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

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 […]