$39M of Bitcoin Stolen in 2016 Bitfinex Hack Is on the Move
Hackers have transferred roughly $38.7M out of $1.3B worth of Bitcoin from wallets connected to the infamous 2016 hack of crypto exchange Bitfinex. Go to Source Powered by WPeMatico
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Hackers Transfer $28 Million Worth of Bitcoin from 2016 Bitfinex Breach
Around 2,500 stolen bitcoins ($28 million) from the 2016 Bitfinex breach were transferred from the hacker’s wallet on Monday. The last time the Bitfinex hackers moved funds from the hack four years ago, they moved around $5 million worth of coins on June 24. This time around, the top crypto asset by market capitalization touched … Read more
Sizeable Portion of Tether’s $4.5B Growth Comes From Exchange Fiat
Tether rose quickly to $9.1 billion in 2020 as supply doubled since March, but some of that is old money being repurposed into USDT. Go to Source Powered by WPeMatico
Is High-Frequency Trading the Reason Bitcoin Has Become Boring?
The increasing use of HFT may help explain Bitcoin’s record low volatility. Go to Source Powered by WPeMatico
Bitfinex Must Face New York’s Accusations Over the Loss of $850M in Co-Mingled Funds
The popular digital currency trading platform, Bitfinex must deal with the New York Office of the Attorney General (NYAG) over the alleged hiding of over $800 million in client and corporate funds. The NY state Supreme Court’s Appellate Division overruled an appeal on Thursday, after the company put forth the argument that tether (USDT) was … Read more
Bitfinex Lists Dogecoin After TikTok Fad Sends DOGE Price Over $0.05
Dogecoin sees fresh gains before correcting to $0.04 as Bitfinex appears to capitalize on TikTok excitement. Go to Source Powered by WPeMatico
New York Court Rejects Bitfinex Appeal Over $850M in Lost Funds
New York’s Supreme Court has rejected Bitfinex and Tether’s appeal in the ongoing dispute between the firms and the NY Attorney General over $850 million in lost funds. Go to Source Powered by WPeMatico
Bitfinex Investor Reportedly Detained by the Chinese Authorities
Zhao Dong was taken in custody by the police with no official statement as to his detention. Go to Source Powered by WPeMatico
Bitfinex Launches Open-Source Crypto-Powered Streaming Protocol
Bitfinex has uploaded the code for a crypto-powered open-source P2P data streaming protocol to GitHub. Go to Source Powered by WPeMatico
Low Exchange Reserves Suggest Futures Traders Are Over-Leveraged
The number of Bitcoins held on exchanges continues to decline despite growing open interest in the futures markets. Go to Source Powered by WPeMatico
