Over a year after alleging fraud and money laundering associated with Tether and Bitfinex, The Wall Street Journal has removed any mention of Christopher Harborne and his business from the article.
Bitfinex News
The Bitfinex exchange is a popular platform for exchanging cryptocurrencies, also hosting spot and derivatives trading as well as certain lending, borrowing and staking features. Bitfinex came into existence in 2012. Bitfinex fees for spot trading are 0.10% for maker orders and 0.20% for taker orders. For derivatives trading, maker orders give customers a 0.02% rebate, while taker orders incur a 0.075% fee. Trading fees vary for each customer based on their trading volume and activity. Bitfinex also has its own utility crypto token called Unus Sed Leo (LEO). Because it restricts a number of regions, Bitfinex U.S. customers are not allowed. On Bitfinex, KYC and Anti-Money Laundering procedures are employed.
Back in 2016, there was a Bitfinex hack in which 119,756 Bitcoin (BTC) was stolen. Back then, 119,756 BTC was valued at about $72 million total.
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Bitcoin could see trouble cracking through newly-laid ask liquidity above $50,000, the latest analysis concludes.
7780Outflows from the Grayscale Bitcoin Trust ETF significantly impacted Bitcoin’s recent market price correction.
7897Razzlekhan, the reported title of the movie, was the “comedic rapper” name of Heather Morgan, who helped launder more than $3 billion worth of Bitcoin.
4058A startling number of Bitcoin margin longs recently opened at Bitfinex, but their muted impact on BTC price raises suspicion.
36728According to Bitfinex chief technology officer Paolo Ardoino, an attacker attempted to use XRP’s partial payments feature to exploit the crypto exchange but failed.
26251Bitfinex analysts said the number of users could jump to between 850 and 950 million in 2024 if bullish market conditions continue.
19592The ALT2611 tokenized Tether bond from Bitfinex has only managed to raise 15% of its target two weeks after launch.
5096Tether and Bitfinex say the decision not to appeal the Freedom of Information Law request by several media outlets was made in the interests of transparency.
4205Bitfinex stressed its systems weren’t compromised and no customer funds were lost.
13589CME Bitcoin futures hit a two-year high, but options market data reflects investors’ hesitancy.
15974Paolo Ardoino, Bitfinex chief technology officer and incoming Tether CEO, said the “exciting” initiative marks the beginning of a new era in capital raising.
8882Bitfinex hack victims from 2016 received iFinex shares as compensation, as the crypto exchange didn’t have enough cash to make users whole.
2420Two transactions showed lump sums of $50 million in USDT transferred from Bitfinex to the Tether treasury only a few minutes apart.
3520Adam Back, Paolo Ardoino and enthusiastic students from all over the world share insights on Bitcoin school as well as crypto adoption in Switzerland.
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