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Markets Update: Bulls Show Signs of Exhaustion as Crypto Prices Taper
23.5.2019
Cryptocurrency prices have dipped slightly since our last markets update as most digital assets are down between 2-7% over the last 24 hours. Today, on May 23, the market capitalization of the entire cryptoconomy is around $237 billion and the daily global trade volume is roughly $77 billion. Also...
Fake Crypto Wallet App Imitating Trezor Found on Google Play Store
23.5.2019
Fraudsters have been adding fake crypto wallets to the Google Play store in an attempt to cash in on rising bitcoin prices
Bitfinex and Tether Obtain Stay of Demands From New York Supreme Court
22.5.2019
Bitfinex and its affiliated stablecoin issuer Tether have obtained a stay of demands for which they applied on May 21
Tether (USDT) Admits to Having Invested its Few Reserves into Bitcoin (BTC)
22.5.2019
What comes across as a fascinating update as per the latest reports doing the rounds, Tether has confessed to having invested a part of its reserves into the world’s #1 digital currency Bitcoin as well as other assets. These facts were revealed by the company’s lawyer during the ongoing court...
USD Stablecoins Hit Spot Trading Volume Record Highs, With USDT Still Dominating Market
22.5.2019
Cryptocurrency research firm Diar indicates that the market capitalization for USD stablecoins has hit all-time highs and exceeded $4 billion
Bitfinex and Tether Move for Case Dismissal Over Lack of Jurisdiction
21.5.2019
Bitfinex and Tether lawyers move to dismiss case versus the New York Attorney General, arguing that purported location and subject matter for jurisdiction is wrong
Tether Says It Invested Some of Its Reserves Into Bitcoin and Other Assets
21.5.2019
A new court filing revealed that stablecoin issuer Tether said that it had invested some of its reserves in bitcoin
Bitfinex Will List Its New Exchange Token Starting Monday
17.5.2019
Bitfinex will list its LEO exchange token on Monday, trading against bitcoin, ether, EOS, tether and the U.S. dollar
Crypto Markets See Major Correction, BTC Below $7,350 as US Stock Futures Trade Lower
17.5.2019
After a week of deep green and bullish price performance, crypto markets today are seeing a major correction, with bitcoin dropping below the $7,350 mark
Tether Ordered to Freeze Transfers to Bitfinex by New York Supreme Court
17.5.2019
A New York Supreme Court judge ordered stablecoin issuer Tether to refrain from loaning any funds to Bitfinex or other parties during an ongoing investigation by the NY Attorney General
Capital Outflows From Major Crypto Exchanges Exceeded Inflows by ~$622 Mln in Recent Days
16.5.2019
Blockchain data provider TokenAnalyst estimates that capital outflows from major crypto exchanges have exceeded inflows by ~$622 million over the past five days
Tether, Bitfinex Request Lessening of Cash Use Restrictions Imposed by Injunction Order
14.5.2019
Lawyers for Tether and Bitfinex have sent a letter to a judge, asking for more leniency in the use of cash restrictions imposed by last month’s injunction
Bitfinex and Tether Ask Court to Loosen NYAG’s Restrictions
14.5.2019
Tether has asked a judge for more leeway to use its cash amid the New York Attorney General's investigation of it and Bitfinex
Bitfinex’s Private Token Sale Raised $1 Billion in 10 Days, Exec Says
13.5.2019
Cryptocurrency exchange Bitfinex raised $1 billion via a sale of its exchange token LEO in just 10 days, according to the firm's CTO
Bitfinex CTO Reinforces Rumors Exchange Has Raised $1 Billion in IEO
13.5.2019
According to Bitfinex’s CTO, the platform has succeeded in raising $1 billion via a token sale to private investors
Markets Update: Crypto Bulls Outpace Stocks and Gold
11.5.2019
Cryptocurrency markets have been doing extremely well over the last 48 hours, making a lot of prior skeptics think the bearish crypto winter may have ended. Since our last markets update three days ago, the entire cryptoconomy has gained close to $33 billion in value and trading sessions over...
Crypto Heresy: Question Blockstream on Twitter and You’ll Be Blocked
10.5.2019
Crypto Twitter (CT) is a grueling battleground between digital currency enthusiasts, company executives, maximalists, journalists, lawyers, and so-called thought leaders and luminaries. For instance, on May 8, reporter Larry Cermak posted data concerning Blockstream and its sidechain project...
Bitfinex Shareholder Says $1 Billion in Private Purchases Already Sealed for Upcoming IEO
10.5.2019
Bitfinex shareholder Zhao Dong has reportedly revealed that the exchange has allegedly sealed $1 billion in both hard and soft commitments for its exchange token sale
Binance, Bitfinex and Tether: What’s the Worst That Can Happen?
10.5.2019
Recent events involving Binance, Bitfinex and Tether suggest there's potential for "catastrophic, systemic risk in crypto," Dan Cawrey argues
Joseph Lubin on Bitfinex: It Seems Like a Really Big Mess That Probably Won’t Get Better
9.5.2019
CEO of ConsenSys Joseph Lubin said that the situation with cryptocurrency exchange Bitfinex will not get better