Law Decoded: Of Street Marches and Market Manipulators, May 30–June 5
As protests rage throughout the United States, this week’s biggest moves in crypto law were behind the scenes. Go to Source Powered by WPeMatico
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Bitfinex and Tether Reject ‘Baseless’ Lawsuit Filed Against Them
Bitfinex and Tether have addressed the updated lawsuit which accuses them of market manipulation. Go to Source Powered by WPeMatico
Bittrex and Poloniex Targeted in Class-Action Crypto Manipulation Suit
Bittrex and Poloniex have become embroiled in a class-action lawsuit that alleges USDT created out of thin air drove the 2017 bull run. Go to Source Powered by WPeMatico
Hackers Move Another $800K in BTC Stolen From the 2016 Bitfinex Breach
Another $800,000 worth of bitcoin from the Bitfinex hack of four years ago has been moved to an unknown wallet. Whale Alert reports that hackers transferred 77.64 bitcoin (BTC) on Tuesday, which amounts to $797,000 at the time the alert was issued. The thieves last moved about $255,000 or 28.4 BTC on May 22, in … Read more
Bitcoin Price Above $10K Sees ‘Strange’ Premium After $1M BTC Buys
A frenzied period for major exchanges produces unusual phenomena and huge volumes, while Coinbase bows out. Go to Source Powered by WPeMatico
Bitfinex is Constantly Printing More Tether, None Of It Has Ever Been Burned
A report indicates that no Ethereum-based Tethers have ever been burned, though new ones are constantly being printed. Go to Source Powered by WPeMatico
Do Zero-Reserve Loans Make Tether Better Off Backed by Bitfinex Stock?
With the Federal Reserve now allowing US banks to issue loans with zero reserve, is Tether better off backed by Bitfinex shares than dollars backed by nothing? Go to Source Powered by WPeMatico
Bitcoin Worth $282K from the 2016 Bitfinex Hack on the Move
The cryptocurrency community has noticed a number of bitcoins from the August 2, 2016, Bitfinex breach has been moved. A small 30 BTC transaction ($282,000) from the stash has moved from the hacker’s address to an unknown bitcoin address. The last time coins from the Bitfinex incident moved was June and August 2019, as the … Read more
Crypto Exchanges Speak Out as Binance Takes CoinMarketCap’s Top Spot
OKEx, Huobi and Bitfinex speak out on Binance’s buyout of CMC: “A partnership with a clear conflict of interest” Go to Source Powered by WPeMatico
Centralized Exchanges Continue to Shed Bitcoin
The number of Bitcoins held on exchanges has reached a 12-month low, while the sum of ETH has surged to test previous highs Go to Source Powered by WPeMatico
