Hackers Move $3.55B Worth of Bitcoin From 2016 Bitfinex Hack
Bad actors will have a tough time cashing out the stolen bitcoin as most of them are blacklisted. Large amounts of bitcoin stolen from the…
Tag: Bitfinex
Tether Deal With New York State Brings Quick Reversal of Crypto-Market Sell-Off
The settlement over tether with the New York attorney general’s office appears to remove what might have been a systemic threat to cryptocurrency markets. Bitcoin…
A Sudden Loss of Faith in Tether Would Pose Risk to Bitcoin, JPMorgan Says
“If any issues arise that could affect the willingness or ability of both domestic and foreign investors to use USDT, the most likely result would…
Bitcoin Futures OI sinks on BitMEX: and it’s a good sign
The recent losses were the aftermath of the US commodities and Futures Trading Commission [CFTC] coming down hard of BitMEX along with the expiry of futures contracts…
Bitcoin Rally May Have Been Caused by a Tether Pump, Not Facebook’s Libra
While many believed Facebook’s entry into the cryptocurrency market sparked renewed interest in cryptoassets and drove Bitcoin to an 18-month high this month, Tether may…
ARE CRYPTOCURRENCY SECURITY THREATS STIFLING THE MARKET
The digital nature of Bitcoin makes it vulnerable to hacking. While traditional banks holding fiat currencies are not exempt from breaches, incidents happen more frequently with cryptocurrencies. Since…
Crypto exchanges see threefold Increase in new accounts since March in Japan
There has been an increase of 200% in new accounts over the past two months. Seven times more accounts were coming online than on an…
Coinbase To Fill Gap In Stablecoin Market As Tether Faces Criticism
As Vice President of Corporate and Business Development at Coinbase, Emilie Choi puts it, a stablecoin is a “digital programmable dollar” and let’s be honest, the leading…
How the collapse of a football league is tied to crypto’s biggest banking scandal
The Alliance of American Football, an eight-team professional football league, collapsed last month due to financial duress, just eight weeks into its inaugural season. The AAF’s…
Bitcoin’s Lightning Network Reaches Apple Watch as NYAG-iFinex Tit-For-Tat Amps Up
There was certainly no shortage of crypto news to digest over the weekend. Amongst the notable development was Bitcoin wallet developer BlueWallet Services’ first-of-its-kind announcement…