Price Watch
Bitcoin unfazed by FUD as it breaks through $6000
When bitcoin broke above $4,200 it marked a pivot point in the crypto markets. Since then, bitcoin has surged more than 40 percent and…
Ali Martinez 6 min read
Bitfinex News
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Exchanges
Bitfinex users unable to withdraw funds, $430 million drained from exchange cold wallets
An ongoing investigation into iFinex Inc. seems to have caused an exodus of traders out of Bitfinex. An increasing number of users report issues with…
Exchanges
Exploring Bitfinex’s emergency plan: a $1 billion initial exchange offering
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),…
Latest Bitfinex News & Analysis
Exchanges
CoinMarketCap removes Bitfinex from exchange calculations
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.…
Exchanges
Tether and Bitfinex confirm USDT is not fully backed by fiat, only 74% of tethers backed with cash
Legal representatives for Bitfinex and Tether confirm the widely held suspicion that USDT is not one-to-one backed by US dollars. Court documents confirm tethers…
Stablecoins
Tether and Bitcoin prices diverge on exchanges following fraud investigation
Tether, the leading stablecoin, recently unpegged from the US Dollar after news that the New York State Attorney General is investigating iFinex Inc., which…
Regulation
Tether price falters following iFinex investigation, bitcoin moved from Bitfinex
Following a probe which revealed the apparent loss of $850 million in funds, the attorney general of the State of New York obtained a…
Exchanges
Tether bombshell leads to 5% wipeout of bitcoin price
On Apr. 25, the office of New York Attorney General Letitia James alleged iFinex, the company behind Bitfinex and Tether, of misusing $900 million…
Analysis
Tether accused of minting almost $400 million in uncollateralized USDT to prop up bitcoin
Tether, the largest stablecoin by market capitalization, has issued over $300 million in USDT during the last week. The sudden increase in supply has…
More Bitfinex News Headlines
Exchanges
Bitfinex removes minimum equity requirement from its professional crypto trading platform
Stablecoins
Tether’s Lack of Fiat Backing Could be Catastrophic for Bitcoin, Analyzing USDT’s Troubling Terms of Service
Stablecoins
Tether’s New Update Suggests USDT Is Not 100% Backed With Fiat
Hacks
