The New York Attorney General’s office (NYAG) settled with Bitfinex over a 22-month inquiry into whether the cryptocurrency exchange sought to cover up the loss of $850 million in customer and corporate funds held by a payment processor. This settlement involving Bitfinex and Tether removes what...
On or near October 25th, Bitcoin will fork, yet again, and a new crypto currency will be created which they are now calling Bitcoin Gold (BTG). Many are asking which exchanges or wallets will support BTG and unfortunately, with only 4 days to go, it doesn't seem that most will. If you have a...
"Bitcoin exchange Bitfinex has just announced that it is pulling out of the US retail market due to the challenging regulatory climate. US customers have approximately 90 days to discontinue all trading, and US holders of ethereum ERC20 tokens have only 5 days to stop trading them on the...
Bitcoin Cash (BCH) Token Distribution
A minority of Bitcoin miners will be forking on August 1st, 2017 to create a new chain called Bitcoin Cash. The fork does not impact Bitcoin balances, but it creates a new token. At the time of the fork, all Bitcoin addresses holding a balance will...
"Cointelegraph: What has actually shot such a young project to higher crypto heights?
David Sønstebø: IOTA might have seemed to come out of nowhere, but it is actually two years in the making. In fact, before IOTA, we also invented full Proof of Stake through Nxt which was also the first...
Yes, cryptocurrencies are decentralized, but exchanges are not!
In a stock market, securities are held by a custodian bank and your cash is stored in your bank account, but cryptocurrency exchanges acts like the custodian of funds. This puts cryptocurrency exchange users at a very high level of...
Due to popular demand, Bitfinex has added Ripple (XRP) to its cryptocurrency trading exchange. You can now trade XRP/USD and XRP/BTC pairs on Bitfinex.
Margin trading for XRP will become available in the near future as volume increases.
This is the statement released yesterday by Bitfinex:
In an announcement today by one of the largest Bitcoin exchanges, Bitfinex will no longer accept incoming wire transfers starting tomorrow. Here's the official statement from Bitfinex:
Let's hope another Mt. Gox disaster doesn't repeat itself here.