Advertisements

Bitfinex

Cryptocurrency Exchange Bitfinex Announces a LEO Token Burn Initiative

Cryptocurrency exchange Bitfinex announced a LEO burn initiative in a Medium post published on June 14. Per the announcement, the initiative will see the exchange’s parent company iFinex funnel its gross revenue into purchasing LEO tokens at market prices in what the post refers to as the UNUS SED LEO burn mechanism. This new system …

Cryptocurrency Exchange Bitfinex Announces a LEO Token Burn Initiative Read More »

Advertisements

Initial Exchange Offerings Are Showing No Sign of Slowing Down

<header class=”article__header”> </header> <strong>Six months in and initial exchange offerings (IEOs) are refusing to die. Following a year of ICO stagnation in 2018, it appeared that the crypto crowdfunding bubble had popped, sending tokenized projects back to the drawing board. Instead, the medium has been reborn under a different banner. In 2019, IEO token issuance …

Initial Exchange Offerings Are Showing No Sign of Slowing Down Read More »

How to Use a Physical Security Key to Safeguard Your Exchange Account

</header> <strong>If you are keeping funds on a cryptocurrency platform such as a centralized exchange it is highly advisable you make sure your accounts are as safe as possible. Using a physical security key can greatly help with this as well as safeguarding other private services such as email and cloud storage.</strong> Also Read: Israeli …

How to Use a Physical Security Key to Safeguard Your Exchange Account Read More »

Bitfinex Plans to Launch Lightning Network Support for Stablecoin Tether: Report

Major cryptocurrency exchange Bitfinex is looking to launch the USDT stablecoin operated by sister firm Tether on the Lightning Network (LN), crypto news outlet The Block reported on May 31. Per the report, Bitfinex’s chief technology officer Paolo Ardoino told the outlet that the company plans to launch USDT on LN later this year. To …

Bitfinex Plans to Launch Lightning Network Support for Stablecoin Tether: Report Read More »

Research: ICO Sector Signals Uptick After Crypto Winter

The initial coin offerings (ICO) sector is showing signs of an uptick due to positive investor sentiment, apparently spurred by the recent crypto market rally. The data was revealed in a new report from token rating platform ICObench, shared with Cointelegraph on May 25. Providing data as of May 21, the report notes that the …

Research: ICO Sector Signals Uptick After Crypto Winter Read More »

Hackers Have Looted More Bitcoin Than Satoshi’s Entire Stash

<header class=”article__header”> </header> <strong>Ever since cryptocurrencies started gaining value, hackers have targeted exchanges that provide digital asset trading and malicious entities have siphoned billions of dollars worth of bitcoin since 2011. So far, over 1 million of the world’s <a class=”lar-automated-link” href=”https://markets.bitcoin.com/crypto/BTC” target=”_blank” rel=”noopener noreferrer”>BTC</a> has been stolen from exchanges and traders continue to leave …

Hackers Have Looted More Bitcoin Than Satoshi’s Entire Stash Read More »

Bitfinex Will List Its New Exchange Token Starting Monday

Crypto exchange Bitfinex will list its new exchange token, LEO, on Monday after purportedly raising $1 billion from the initial offering. In an announcement Friday, Bitfinex said that the token – whose full name is apparently UNUS SED LEO, also the name of the token’s formal issuer – will be listed on its platform and tradeable …

Bitfinex Will List Its New Exchange Token Starting Monday Read More »

New York Supreme Court Grants Bitfinex’s Motion to Modify Injunction

Justice Joel Cohen of the New York Supreme Court has granted the Bitfinex cryptocurrency exchange’s motion to modify an injunction from the New York Attorney General (NYAG), Bitfinex announced on May 16. Per the announcement, the court order will allow Bitfinex and affiliated stablecoin operator Tether to continue their normal business. It also states that …

New York Supreme Court Grants Bitfinex’s Motion to Modify Injunction Read More »

Tether Ordered to Freeze Transfers to Bitfinex by New York Supreme Court

A New York judge ordered crypto exchange Bitfinex and its affiliated stablecoin issuer Tether to turn over documentation about a loan and a line of credit Tether provided to Bitfinex. Judge Joel Cohen, of the state’s Supreme Court, echoed comments from a preliminary hearing held last week in New York City in an opinion published …

Tether Ordered to Freeze Transfers to Bitfinex by New York Supreme Court Read More »

Cryptocurrency Exchanges Are Cleaning up Their Act

<header class=”article__header”> </header> <strong>Ask a dozen crypto traders for the reason behind the recent rally and you’ll get a dozen different theories. Bakkt futures, Microsoft building on Bitcoin and Whole Foods accepting crypto have all been cited as fueling the bull market that’s broken out. While these factors have certainly helped, there’s a less documented …

Cryptocurrency Exchanges Are Cleaning up Their Act Read More »