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Stablecoins Are Crypto’s Version of Fractional Reserve Banking


Stablecoins provide much sought after stability in the volatile crypto markets. They are sometimes even said to affect the price of bitcoin in drastic fashion. Tether (USDT) in particular continues to be widely scrutinized for this, with recent lawsuits about conflicts of interest and price...

Bitfinex Launches Support to Lightning Network


Founded in 2012, Bitfinex is a globally acclaimed peer-to-peer cryptocurrency trading exchange that caters the requirements of its customers hailing from different parts of the world. The Hong Kong-based crypto trading platform offers an array of unprecedented digital asset trading services through...

Market Update: Crypto Traders Search for Bullish and Bearish Trends


During the last few days, digital currency markets have been meandering sideways and prices have been less volatile. On Sunday, during the last 24 hours, the entire cryptoconomy is hovering just below the $200 billion zone and there’s roughly $71 billion in global trades. Crypto proponents...

Market Update: Bears Claw Crypto Prices Below Long-Term Support


Digital currency prices plummeted on Tuesday, as cryptocurrency markets lost billions during the morning trading sessions, New York time. BTC dropped well below the $7k range and other digital assets followed BTC’s path with sharp losses. Crypto prices haven’t been this low since May...

Bitfinex Partners With Chainalysis to Deploy AML Solutions


Chainalysis has activated a partnership with Bitfinex exchange to provide its anti-money laundering (AML) solutions across the Bitfinex platform. Chainalysis is a New York-based startup that monitors illegal activities on blockchain networks and provides a secured compliance solution. Bitfinex...

[aktualita] Bitfinex začal podporovat Lightning Network pro vklady a výběry BTC


Bitfinex, jedna z největších a nejstarších dosud fungujících kryptoměnových burz, spustila vlastní Lightning node a začala na své platformě podporovat Lightning Network pro vklady a výběr bitcoinu z burzy. Mezi velkými hráči v oboru je zatím spíše světlou výjimkou. Lightning Network je ve zkratce...

Bitfinex and Tether Receive Another Class Action Lawsuit in US Courts


The operators of the cryptocurrency exchange Bitfinex and the stablecoin Tether have notified users that they were hit with another class action lawsuit in U.S. courts over market manipulation allegations that the companies are trying to frame as mercenary and baseless. Also Read: Bitfinex Claims...

Bitfinex Hit With Second Class Action Lawsuit, Threatens Retaliation


Cryptocurrency exchange Bitfinex has lashed out at what it calls a “mercenary and baseless class action complaint” lodged in Washington State, in the United States – threatening its issue with retaliatory legal action. The company made its allegations in a statement following what the exchange...

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