Bitfinex Plans Launch of Decentralized Exchange Eosfinex

Bitfinex has announced that it will launch a decentralized cryptocurrency exchange built on the Eos.io platform. The new platform, Eosfinex, will be the first exchange to be hosted using Eos.io’s decentralized application infrastructure. Also Read: EOS Raises $700M Despite Token Affording No “Rights, Uses, Purpose, or Features” Bitfinex Partners With Eos to Develop Eosfinex Bitfinex claims … Read more

Bitfinex Builds a High-Performance Decentralized Exchange on the EOS.IO Platform

Bitfinex, the well-known cryptocurrency exchange, has just raised the bar for decentralized cryptocurrency exchanges. This week, it announced the launch of a new decentralized cryptocurrency exchange called “EOSfinex.” EOSfinex is different from other decentralized exchanges on the market due to its underlying technology, which will combine the scalability and speed of EOS.IO with Bitfinex’s expertise. The platform is an “on chain” exchange … Read more

U.S. Corporate Customers Barred From Bitfinex’s Margin Markets

Multiple concerned U.S. corporate customers of Bitfinex have posted on Reddit after discovering that they were unable to access the exchange’s margin trading services. Although Bitfinex has previously indicated that it would no longer allow U.S individuals to access the exchange’s services, Bitfinex’s support portal currently states that the restrictions do not affect U.S. corporate … Read more

Independent Ratings Agency Alerts Investors About Dangers of Tether

Another outside observer of the controversial tether cryptocurrency is warning about the dangers it presents for the uninterrupted operation of USDT exchanges. Weiss Ratings is seeking to educate investors on the systematic risk tether introduces to the ecosystem. Also Read: Faced With Criticism IOTA Fans Try to Bully Growing List of Detractors Inherent Risks of … Read more

New Reports Shine a Spotlight on Tether’s Legal Status

Rarely a week passes when Tether, the company responsible for issuing the USD-pegged cryptocurrency of the same, isn’t in the news. In the last 24 hours, two separate reports into the status of Tether and its USDT tokens have been published, one examining its legal status and the other exploring its blockchain. Meanwhile, Upbit exchange … Read more

Markets Update: Cryptocurrencies Start Forming a Well Defined Uptrend

Cryptocurrency markets are starting to slowly inch back upwards after many digital assets lost roughly 40-70 percent of the values they held two months ago. Bitcoin core markets (BTC/USD) reached a low of $5,920 this past Monday, but as the weekend approaches the price has regained strength hovering around $8,250-8,450. Moreover, the price of bitcoin … Read more

Study Finds Little Correlation Between Tether Printing and Bitcoin’s Price

Over the past few months there’s been a lot of internet chatter concerning the digital currency tether (USDT) and whether or not it’s really backed by U.S. dollars. Further, there’s been skeptics, speculators, anonymous Twitter handles, and well-researched reports that claim tether printing moved the price of BTC considerably this past year. However, just recently … Read more