Bitcoin Averts Slaughter, Let the Clubbered Tether Burn. Burn Clubbered Tether… Burn!

A 500 million token Tether burn has been undertaken over the past week by Tether Ltd, as investors flee the besieged stablecoin in the face of mounting concerns over USDT and the emergence of more transparent alternatives. The Stable, the Stable, the Stable’s on Fire… In the past week, Tether Ltd has burned 500 million…

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Binance, Poloniex, Huobi All Own More Tether Than Bitfinex

Cryptocurrency exchange Bitfinex now controls a “very small amount” of stablecoin Tether (USDT), new data shows following a shake-up of ownership. Bitfinex Sixth-Largest USDT Holder Produced by Element Group and uploaded to Twitter by CNBC commentator Ran Neuner October 18, statistics depicting the biggest USDT 00 holders reveal Bitfinex, which shares a CEO with Tether’s…

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Emma Integrates Crypto Exchanges into Money Management App

Emma, a London-based startup firm specializing in money management services, has launched cryptocurrency exchange integration for its new app. The platform, which the company describes as a kind of “financial advocate” service, is designed to help millennials gain a better understanding of their finances. Also Read: Security Giant G4S Offers Protected Offline Cryptocurrency Storage New…

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The Daily: Peak Blockchain and Stablecoin Drama

Differentiating truth from fiction isn’t always easy, especially in the realm of blockchain. We’ve got distributed ledger stories both real and fanciful in this edition of The Daily, as well as hardware wallet news, an update on bitcoin futures, and the obligatory smattering of stablecoin drama. Also read: Blockchain Surveillance Firm Partners With Cryptocurrency Exchange Binance…

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Dumped! HSBC Cuts Ties With Bitfinex

HSBC has dumped Bitfinex unceremoniously after learning the company it thought it had established a banking relationship with, Global Trading Solutions, was affiliated with Bitfinex and doing its banking on the controversial exchange’s behalf. Explaining the Fiat Deposit Problems In anticipation of the potential collapse of Puerto Rico-based Noble Bank International, Bitfinex took its banking…

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Bitfinex Reopens Deposits but Stays Silent About Bank Arrangements

Cryptocurrency exchange Bitfinex confirmed it has reopened fiat currency deposits for all users October 16th, while remaining secretive about changes in its banking relationships. ‘New, Improved And Increasingly Resilient’ In a blog post, the exchange, which on Thursday began restricting deposits for certain users, said it had finished implementing what it described as “a new,…

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Bitfinex Responds To Insolvency Rumors

After dissolving its relationship with Noble Bank, rumors swirled about Bitfinex’s imminent implosion. The exchange has now responded to the rumors. Last week, rumors about the possible insolvency of exchange Bitfinex quickly followed reports that Noble Bank International, the Puerto Rican institution that counted Bitfinex and Tether among its clients, was looking for a buyer….

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Bitfinex Moves to Quash Insolvency Rumors

  Hitting back at recent media reports, cryptocurrency exchange Bitfinex has ensured users of its good financial standing.   Hong Kong-based cryptocurrency exchange Bitfinex has addressed recent media reports to deny circulating insolvency claims and Noble Bank-related issues while also ensuring investors that its trading operations continue as normal. Rumors of the potential collapse of…

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Bitfinex Strongly Refutes Insolvency Claims

Bitfinex has vigorously refuted claims that it and its Tether stablecoin are on the brink of insolvency. Rumors have surrounded the opaque exchange for over a year, but have intensified in the past month. “Bitfinex is not insolvent, and a constant stream of Medium articles claiming otherwise is not going to change this,” asserts a…

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Bitfinex Banking with HSBC While Complaints of Withdrawal Delays Reach Fever Pitch

One of the most controversial crypto exchange has apparently secured a bank account with HSBC through an entity called “Global Trading Solutions.” However, it is unclear whether HSBC is aware that Global Trading Solutions is seemingly using the bank account on behalf of Bitfinex. Just as it is unclear whether this arrangement extends to Tether….

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Bitfinex To Undergo 2 Hr Infrastructure Maintenance Tomorrow, October 4th

Cryptocurrency exchanges undergo routine maintenance from time to time. Usually what happens before they partake in such an endevour, they notify their loyal users way ahead of time so they can adjust accordingly. Bitfinex has just provided such a notice to its users that summarizes the maintenance as follows: Bitfinex will be undertaking planned infrastructure…

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How to Code Google Sheets to Track Cryptocurrencies’ Prices

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The Daily: Bitfinex Building Decentralized Exchange, Bitpanda Adds Zcash

Cryptocurrency exchange Bitfinex is working on a project to launch a decentralized trading platform and we’ve got all the details here. Also in The Daily, Bitpanda adds Zcash to its offerings, Bitvo launches technical analysis tools, and Monex makes executive changes at Coincheck. Also read: Dapp Revival, Remme Launch, 1 Million Cryptokitties Bitfinex Develops Decentralized…

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Whalepool Live Bitcoin / Cryptocurrency Trading Stream 24/7/365

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Blockport to integrate with Bitfinex

On 14th August, Amsterdam-based cryptocurrency exchange Blockport announced in its official blog that it will welcome Bitfinex cryptocurrency exchange as its second external exchange platform. In their official blog, they stated: “In line with the Bitfinex integration, we are also happy to confirm that our deposit limits will be raised from 2,500 EUR per user, to a monthly…

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Whalepool Live Bitcoin / Cryptocurrency Trading Stream 24/7/365

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Abnormal Tether Price Moves on Kraken Leave Analysts Puzzled

Massive trade orders on Kraken fail to sway the price of Tether any further than modest ones, leaving researchers and analysts puzzled. Unlikely Coincidences “USD-backed” Tether (USDT) is making headlines yet again for the dubious activity surrounding the token. A report from Bloomberg today details evidence that Tether markets on the US-based Kraken exchange are…

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DOJ Investigating BitCOiN

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Bitfinex’s New System Bitfinex Ballot Allows Voting for EOS Block Producer

Bitfinex crypto exchange is one of the leading candidate of EOS community. It has now released new voting system called Bitfinex Ballot to allow EOS holders to vote for Block Producers directly from trading platform. New Voting System for EOS token holders- Bitfinex Ballot The new voting system, Bitfinex Ballot allows EOS holders to cast…

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Professor John Griffin: Yes, Tethers Flowed into Bitcoin at Key Moments

Previously just social media speculation, now the theory that Tethers boosted the price of Bitcoin in a concerted effort has been described in a recently published paper. Economics professor John Griffin recently published a paper based on data that reveal market manipulation through Tether (USDT) tokens on the Bitfinex exchange. The paper reveals a trend…

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