This week, a scandal involving Bitfinex and Tether parent company iFinex being accused by the New York Attorney General’s office of misappropriating funds has shaken up the cryptocurrency market. Bitcoin and other cryptocurrencies have rallied in recent months, however, the latest negative news surrounding the leading stablecoin on the market has been enough to cut…
Upon any visit to crypto Twitter or any online cryptocurrency community for that matter, and you’ll be hard pressed to avoid over the top shilling of the recent IEO tokens, notably the Binance Launchpad-born tokens, Harmony One, Celr, Fetch, BitTorrent Token, and the Coinbase Ventures-backed Matic. While the shilling may be relentless, the incessant mentions…
Any good investor, trader, or financial analyst – be it Bitcoin, crypto, or traditional financial markets – conducts due diligence such as fundamental analysis and technical analysis before and while taking a position, to minimize risk and maximize reward. As part of this analysis, oftentimes, analysts also look for important dates that news might break,…
Este artículo también está disponible en español. As we approach the end of the year, Bitcoin (BTC) continues flying to new highs, setting bullish expectations for the rest of the cycle. Bitfinex’s latest reports suggest when BTC’s peak could come and how much climbing might be left for the flagship crypto. Related Reading Bitcoin’s ‘Unique’…
Following the bearish wave which has swept across the crypto market today, the KAVA token has experienced a significant fall in its market price. According to data from CoinMarketCap, KAVA is currently down by 10.90%, representing the biggest loss of the day. In general, the total crypto market cap is down by 0.31%, with the…
The price action over the past few days has undoubtedly been positive for Bitcoin. After building momentum for weeks, the cryptocurrency finally burst past $10,000 this week, hitting a $10,100 high.Since this initial breach, BTC has slowed. The cryptocurrency has traded within a percentage point of $10,000 for the last 12 hours, barely deviating as bulls…
Este artículo también está disponible en español. According to Bitfinex, Bitcoin (BTC) volatility is set to intensify over the next week. A “potent mix” of geopolitical and macroeconomic factors has significantly influenced the flagship crypto’s performance, with anticipation for the outcome of the US election and Q4’s close setting a potential target of $80,000 by…
Ilya Lichtenstein, the man behind the infamous 2016 Bitfinex hack, has broken his silence following his sentencing to five years in federal prison. In a post on X, Lichtenstein took full responsibility for the massive Bitcoin theft and subsequent laundering while urging the public not to hold his wife, Heather Morgan, accountable for his actions.…
A year ago, our team sat down with Paolo Ardoino, CTO at crypto exchange Bitfinex, to talk about the Bitcoin price and the events that, for many, triggered the long crypto winter: the FTX collapse, and the downfall of major companies in the space. Now, we sat down with Ardoino once again to talk about…
Leo adds 8.2 percent The public open to tracking iFinex repurchase of Leo coins Behind a surging coin, iFinex plans to open up to the public its buyback program. In an initiative called the UNUS SED LEO Transparency Initiative, the public will track how the parent company would purchase Leo from their gross revenue. Meanwhile,…