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After a user mistakenly sent $1 million worth of USDT to Swerve’s token contract, Tether’s CTO Paolo Ardoino reached out to the community saying that the company would be able to recover the funds were ERC-20 USDT stuck in an Ethereum address.
Polkadot has been seeing tremendous momentum in recent weeks, with the cryptocurrency now securing its position as the sixth-largest digital asset by market capitalization.
Cryptocurrency exchange Bitfinex will begin listing ADA on its spot exchange.
Ethereum’s price has been caught within the throes of an intense uptrend throughout the past few days, surging from its recent low of $230 to a high of $285 that was set earlier today.
Late on June 1, Thailand’s high-flying OmiseGo rebranded to OMG Network.
Bitcoin’s intense rebound from its mid-March lows of $3,800 has reignited institutional trader’s interest in the market, as seen by BTC’s CME futures open interest setting fresh all-time highs earlier today.
Hong Kong-based cryptocurrency exchange Bitfinex announced the introduction a new platform that enables its users to interact with each other.
The Bitcoin price has been stagnant since April 2, rejecting the $7,300 to $7,400 resistance area three times in a span of 18 days.
Bitfinex announced a series of changes for its Tezos trading pairs that are meant to “enhance the trading experience” of its customers.
A Bitcoin whale on Bitfinex who identifies as Joe007 has been consistent in calling for a steep correction in the market since the $9,000s.
Joe007, a well-known whale who trades with massive size, hinted that the recent Bitcoin rally to $9,800 is manipulated.
The market seems to be coming to life after almost a year of crypto winter, as volumes on most major exchanges have seen significant increases in the past month.
Tether, the company behind the biggest stablecoin in the world, has launched Tether Gold, a digital asset providing exposure to physical gold.
Bitcoin has rocketed to a 30-day high after posting one of its largest intraday rallies in weeks, but closer inspection suggests the sudden breakout may not mark the start of an uptrend.
Around 800 ETH has been withdrawn from an address associated with the HEX cryptocurrency, leading many to suspect it was the beginning of an exit scam.
The number of Bitcoin long contracts on margin trading platform Bitfinex has exploded in December to reach the highest level in years, far exceeding the levels of BTC’s late 2017 bull market. Traders currently hold more than 43,000 long positions, worth $299,784,000, on Hong Kong-based Bitfinex.
Bitfinex, a Hong Kong-based cryptocurrency exchange, announced support for Lightning Network deposits and withdrawals becoming the first exchange in the industry to do so.
A fresh class action lawsuit has been filed against Bitfinex and its sister company Tether Limited, the company behind the controversial but market-leading USD-pegged stablecoin, USDT.
iFinex, the parent company of crypto exchange Bitfinex and Tether, is facing a lawsuit accusing them of manipulating the market.
Tether announced a new offshore Chinese-yuan backed stablecoin, CNHT.
Tether Ltd is planning to issue two new stablecoins, one pegged to a basket of commodities and another to the Chinese renminbi, according to Zhao Dong, an over-the-counter (OTC) trader in China and a shareholder of Bitfinex.
A New York judge ruled Bitfinex must face the fraud suit and impending investigation set against it in April by New York attorney general Letitia James, denying the company’s request for the case to be dismissed due to lack of jurisdiction, Bloomberg reported.
Ethfinex, the decentralized exchange formerly run by Bitfinex, is separate into a new separate entity called DeversiFi.
iFinex, the company that owns and operates Tether and Bitfinex, said that the claims made by the New York Attorney General’s office that the companies served New York residents throughout last year were “misleading.” The company’s latest legal filing asserts that the alleged “New York customers” were foreign ECPs who worked through New York-based traders.
LEO, a token issued by Bitfinex’s parent company, iFinex, was revealed to have a major liquidity problem.
Recently released court filings from the New York Attorney General’s Office (NYAG) showed that Bitfinex and Tether both operated in New York from 2017 to early 2019, despite claiming they had ceased all operations in the state.
Bitfinex, the same exchange embroiled in fraud allegations over the loss of $850 million in customer funds, is adding 100x margin trading.
Cryptocurrency exchange Bitfinex announced the launch of a transparency initiative to coincide with the beginning of the burn mechanism of the company’s LEO token.
According to Paolo Ardoino, the chief technology officer (CTO) of Bitfinex, the crypto exchange has completed fundraising of $1 billion in tether (USDT).
An ongoing investigation into iFinex Inc seems to have caused an exodus of traders out of Bitfinex.
Zhao Dong, one of China’s biggest OTC traders, recently published a marketing document detailing iFinex Inc plans to conduct an initial exchange offering (IEO), aiming to raise $1 billion.
After a week of drama surrounding iFinex Inc, which operates Bitfinex and owns Tether Ltd, CoinMarketCap has decided to remove Bitfinex’s price data from its calculations.
Legal representatives for Bitfinex and Tether confirm the widely held suspicion that USDT is not one-to-one backed by US dollars.
Tether, the leading stablecoin, recently unpegged from the US Dollar after news that the New York State Attorney General is investigating iFinex Inc, which operates Bitfinex and owns Tether Ltd USDT dropped as low as $0.975 against the US Dollar while the other top three stablecoins—USDC, TUSD, and PAX—enjoyed an approximately 6.5 percent premium.
Following a probe which revealed the apparent loss of $850 million in funds, the attorney general of the State of New York obtained a court order against iFinex Inc, which operates Bitfinex and owns Tether Ltd, ordering them to cease further dissipation of the US dollar assets which back the USDT stablecoin.
On April 25, the office of New York Attorney General Letitia James alleged iFinex, the company behind Bitfinex and Tether, of misusing $900 million of Tether’s cash reserves to hide an $850 million loss.
Tether, the largest stablecoin by market capitalization, has issued over $300 million in USDT during the last week.
Bitfinex, one of the world’s largest cryptocurrency exchanges, has opened its professional trading platform for everyone.
Tether, the market-leading stablecoin in both market capitalization and controversy, made changes to its legal terms of service that indicate that USDT is not fully backed one-to-one by US dollar reserves.
Tether, the company behind one of the biggest and most widely used stablecoins on the market (USDT), has updated the terms on its website to further clarify how their reserves work.
US authorities recovered 28 bitcoins, worth over $120,000, which were stolen from cryptocurrency exchange Bitfinex in 2016.
Bloomberg reported that Tether “has the billions it promised,” suggesting that USDT could be backed one-to-one by dollars.
Cryptocurrency exchange Bitfinex addressed allegations and controversies propagated against its platform in recent times via a detailed Medium post on October 7, 2018.
Months after heralding plans to build a “high-performance” decentralized exchange (DEX) on the then-dormant EOS, Bitfinex has plated up some fresh morsels of information on the project ahead of its beta release later this month.