Longstanding sagas in crypto saw major plot development and even a conclusion or two in this week's newsletter.
Bitfinex was founded in Hong Kong in 2012. Since then, it has become one of the largest platforms for cryptocurrency trading. The system is available in three languages: English, Chinese and Russian. To understand Bitfinex more fully, it is worth noting what the platform offers its customers. From its side, the exchange supports almost every form of input-output. There are handy trading and analytical tools that are easy to use. There are applications for both IOS and Android. However, the system also has some inconveniences. To secure the account and verify it as a real one, it is necessary to provide proof of a credit card and home address, with all of the document details provided already translated into English. Also, the only way to replenish an account without fees is just through Bitcoin.
The latest Bitfinex news concerns its announcement in August 2017 of exiting the American market because of the harsh legislation and regulatory environment.
New York regulators are forcing Tether to be fully transparent about its reserves, at the cost of not serving New York residents.14628
A half-billion dollar loan has been closed out, but multiple court cases grind on17548
The GameStop short squeeze and Bitcoin have a lot more in common than appears at the surface, according to Paolo Ardoino.19230
iFinex needs another 30 days to produce trial documents for New York's attorney general.22903
Paolo Ardoino says Tether hasn't done anything to warrant any additional investigations from the SEC.36694
Bitcoin surpassed $19,000 after bottoming out at $17,600 as traders anticipate a broader BTC rally.27135
The New York Attorney General’s Office has reported that iFinex is cooperating in producing documents regarding Bitfinex and Tether’s business relations from April 2019.16371
Most major DeFi tokens will be available for trading on Eos.9420
The exchange’s pilfered funds are on the move once again.28526
The market cap of USDT swelled by 1 billion over nine days.38173
Customers can now borrow money from crypto exchange Bitfinex.5948
The attorneys representing the accused principal of shadow-bank Crypto Capital, Reggie Fowler, have filed motions to withdraw as his counsel.8003
Bitcoin's balance on three popular exchanges decreased by 390k BTC over the past 9 months.27194
The Bitfinex hackers have moved thousands of Bitcoins in 2020.5276