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.

News
The “Digital Asset Issuance” legislation will also create a regulatory body and establish a legal framework for all digital assets.
El Salvador passes landmark crypto bill, paving way for Bitcoin-backed bonds
Luke Huigsloot
2023-01-12T01:47:29+00:00
11257
New Year Special
Filmmakers are interested in documenting one of this year’s weirdest stories in crypto, but what else made the list?
Crypto can get weird: The 5 strangest stories of the industry in 2022
Francisco Rodrigues
2022-12-24T15:12:12+00:00
4905
News
Over the past few days, major crypto exchanges, including Binance, OKX, Kucoin and Crypto.com, committed to sharing their proof of reserve to regain investor co...
Bitfinex CTO releases proof of reserves amid FTX bankruptcy fiasco
Arijit Sarkar
2022-11-12T07:04:00+00:00
8965
News
Security remains a perennial concern for DeFi protocols, but DeFi will still inevitably “grow and flourish,” Bitfinex chief technology officer Paolo Ardoino bel...
Hodlers prefer centralized exchanges over DeFi for security: Chainalysis
Helen Partz
2022-10-13T13:55:00+01:00
3607
News
Tether has frozen a total of 215 USDT addresses on Ethereum in 2022 so far, according to data compiled by ETH researcher Philippe Castonguay.
Tether stablecoin issuer freezes 8.2M USDT on Ethereum: Data
Helen Partz
2022-10-11T12:39:17+01:00
7526
News
The court accepted the plaintiffs’ requests to provide “undoubtedly important” documents in the alleged fraud case.
New York judge orders Tether to document USDT backing
David Attlee
2022-09-21T11:13:34+01:00
5229
Market Analysis
A key Bitcoin price metric hit a new all-time high, but is this a bullish or bearish development?
Bitcoin margin long-to-short ratio at Bitfinex reaches the highest level ever
Marcel Pechman
2022-09-13T21:41:18+01:00
10893
News
The request quotes Fowler’s lawyer’s personal health issues and the necessity to obtain more material from Europe.
Accused 'shadow banker' Reggie Fowler seeks a 6-month sentencing delay
David Attlee
2022-09-12T14:25:04+01:00
2436

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