While many analysts believe Bitcoin is destined for six-figures if support at $40,000 can hold up, others are predicting an imminent bear cycle.
Powered by WPeMatico
Category: bitfinexed
Auto Added by WPeMatico
Vigilantes Are Outing Crypto Shillers and Scammers
Hunting crypto scammers and shillers is now a sport. Armchair sleuths have taken it upon themselves to chase down perceived bad actors, and to publicly out them for their crimes. Crypto influencers who conceal promoted tweets and conflicts of interest are liable to be outed and shamed. Also read: ICOs Have Become a Parody of Themselves […]
The post Vigilantes Are Outing Crypto Shillers and Scammers appeared first on Bitcoin News.
Powered by WPeMatico
Law Firm Hired by Bitfinex Confirms Tether Reserves
There are numerous theories regarding the roller coaster market movements of cryptocurrency over the past year. A popular one revolves around the use of Tether (USDT) to inflate the price of Bitcoin during the bull market, and deflate it on the way down. However, a June 20 report suggests the controversial stablecoin may be more […]
Powered by WPeMatico
Tether Shows Law Firm Its Funds But Stops Short of an Audit
Tether has released a surprise “Transparency Update” that purports to show it has enough funds in the bank to cover the $2.6 billion of USDT in circulation. The company has stopped short of a full audit, however, leaving critics bemoaning Tether’s inability to settle the solvency debate once and for all. Also read: Major Korean Crypto […]
The post Tether Shows Law Firm Its Funds But Stops Short of an Audit appeared first on Bitcoin News.
Powered by WPeMatico
New Report Blames Tether for Bitcoin’s Bull Run
Tether is back in the news thanks to a new report alleging it played a pivotal role in bitcoin’s mega-bull run last year. This isn’t the first time the dollar-pegged stablecoin has been blamed for market manipulation, but is the most compelling evidence to date that 2017’s record highs may not have been entirely organic. […]
The post New Report Blames Tether for Bitcoin’s Bull Run appeared first on Bitcoin News.
Powered by WPeMatico
Blogger ‘Bitfinex’ed’ Hires Legal Counsel to Fight Bitfinex Lawsuit
According to reports the infamous Twitter handle and blogger, ‘Bitfinex’ed,’ has hired the well-known attorney Stephen Palley to fight against the legal threats posed against the blogger. The legal counsel for Bitfinex, Stuart Hoegner suggested this past December that the blogger may face a lawsuit as Bitfinex said it wasn’t too pleased with the allegations. […]
The post Blogger ‘Bitfinex’ed’ Hires Legal Counsel to Fight Bitfinex Lawsuit appeared first on Bitcoin News.
Powered by WPeMatico
Tether Severs Ties With Its Auditor, Leaving Its Accounts Shrouded in Mystery
Barely a week passes when Tether isn’t in the news. For a so-called stable coin, Tether and its acolyte Bitfinex are at the center of a lot of instability within the cryptoverse. After it emerged over the weekend that Tether had kissed goodbye to its auditor, critics of the opaque company began to wonder whether […]
The post Tether Severs Ties With Its Auditor, Leaving Its Accounts Shrouded in Mystery appeared first on Bitcoin News.
Powered by WPeMatico
Dr. Doom (Professor Nouriel Roubini) Calls Stablecoin Tether a Scam
It’s no longer just anonymous internet trolls calling out Tether on twitter. One of the most influential economists in the world today, Nouriel Roubini, has just entered the debate, coming down hard against the controversial company. Also Read: Analyst: IOTA Sharply Overvalued Due to “Overwhelming Evidence of Serious Flaws” Dr. Doom vs Tether Renowned economics […]
The post Dr. Doom (Professor Nouriel Roubini) Calls Stablecoin Tether a Scam appeared first on Bitcoin News.
Powered by WPeMatico
Scrutiny Intensifies as Tether Exceeds Supply of 1 Billion USDT
1 billion USDT have now entered into circulation, again drawing attention to the operations of Tether. The eight-figure threshold for Tether was passed during the creation of nearly 300 million USDT that has occurred over the last seven days. Also Read: Bitfinex Critic Claims to be Organizing Class Action Lawsuit Against Ifinex Tether First Emerged in […]
The post Scrutiny Intensifies as Tether Exceeds Supply of 1 Billion USDT appeared first on Bitcoin News.
Powered by WPeMatico
Bitfinex Critic Claims to be Organizing Class Action Lawsuit Against Ifinex
A prominent Twitter-based critic of Bitfinex, AB33, has announced his intention to initiate a class-action lawsuit against Ifinex – a BVI based company of which Bitfinex has previously asserted it is owned and operated by. The announcement of AB33’s desire to seek litigation against the company came shortly after the surfacing of documents revealing that […]
The post Bitfinex Critic Claims to be Organizing Class Action Lawsuit Against Ifinex appeared first on Bitcoin News.
Powered by WPeMatico