No, Trump Did Not Commute Heather ‘Razzlekhan’ Morgan’s Prison Sentence

The self-styled “Crocodile of Wall Street” was sentenced to 18 months in prison for helping her husband Ilya Lichtenstein launder roughly $13 billion worth of stolen bitcoin in 2016. ‘Razzlekhan’ Backtracks Her Claims of a Trump Commutation A little over two weeks ago, convicted felon Heather “Razzlekhan” Morgan implied that U.S. President Donald Trump had … Read more

Tether and Kraneshares Forge Alliance to Drive Global Tokenization Efforts

Hadron by Tether, the asset tokenization platform of Tether, has entered a strategic partnership with global asset management firm Kraneshares and regulated platform Bitfinex Securities to accelerate the development and adoption of tokenized securities across international markets. Tether’s Hadron Partners With Kraneshares According to the release shared with Bitcoin.com News, the alliance brings together technical … Read more

Bitfinex Analysts Say Bitcoin’s Q4 Tailwinds Are ‘Structurally Strong’

Bitcoin kicked off October full of vim and vigor, blasting to a fresh all-time high above $126,000 as “Uptober” lived up to its hype—while a jittery U.S. economy and government shutdown added drama to the backdrop. Bitfinex Analysts: October’s Seasonality Signals More Bitcoin Upside This week, Bitfinex analysts explained that bitcoin’s blistering comeback saw it … Read more

Bitcoin’s ‘High-Beta Safe Haven’ Status Validated in Macro Uncertainty: Bitfinex

Bitcoin shattered records this week, surging to an all-time high of over $123,000 and cementing its position as the world’s fifth-largest asset by market capitalization. Report Says Structural Demand Outpaces Issuance as Bitcoin Scales New Highs Bitfinex analysts report bitcoin’s explosive 12.3% breakout from its January peak was fueled by aggressive bidding from short-term holders … Read more

Analysts Warn Crypto Traders to Prepare for Increased Market Swings

Bitfinex analysts warn crypto markets are preparing for increased volatility as bitcoin undergoes its first significant correction since hitting a new all-time high and options markets show signs of overheating. Record Crypto Options Open Interest Coincides with Bitcoin Pullback According to Bitfinex analysts, bitcoin (BTC) dropped nearly 8% from its record peak of $111,880, reached … Read more

Court Orders $9 Billion Bitcoin Restitution in Bitfinex Hack Case

A federal court has determined that 94,643 bitcoin, seized following the infamous 2016 Bitfinex hack, will be returned to the cryptocurrency exchange as part of voluntary restitution agreements tied to plea deals with the convicted perpetrators. Voluntary Restitution in Bitfinex Hack Includes $9 Billion in Bitcoin With a valuation exceeding $9 billion, this recovery represents … Read more

Bitfinex Derivatives Moves to El Salvador After Receiving License

Bitfinex, a cryptocurrency exchange, has recently moved its derivatives services division to El Salvador, transitioning customers to a new jurisdiction after receiving a Digital Asset Service Provider (DASP) license. Bitfinex Derivatives El Salvador S.A. de C.V., a Salvadoran local entity, will now provide these services. Customers must approve a new set of service terms to … Read more