Tagged: bitfinex

Veriscope to Solve FATF Travel Rule-Related Crypto Compliance Issues? Testing Underway

Tether Operations, the company operating the blockchain-enabled platform tether.to, has commenced operations with Shyft Network, starting with active testing of Veriscope, its decentralized compliance framework and smart contract solution to the Financial Action Task Force’s (FATF) Travel Rule. The initiative will assist virtual asset service… Read More

USDt Now Available on Avalanche, Market Cap North of $73 Billion

Tether Operations today announced it has launched Tether tokens (USDt) on Avalanche, a decentralized smart contracts platform built for the scale of global finance and business. Avalanche is designed as a highly scalable ecosystem, able to deliver rapid transaction finality and low transaction fees. It is… Read More

Bitfinex to Provide Nuvei’s Cryptocurrency On-ramp Service to Capture New Clients

Bitfinex, a digital token trading platform, has teamed up with Nuvei, via its subsidiary Simplex, a fiat-crypto gateway provider, allowing clients to introduce its suite of crypto on-ramp services. Bitfinex clients with an intermediate verification level will get access to the Simplex funding options. Users… Read More

CFTC Commissioner Stump Comments on Tether/Bitfinex Enforcement Action: Concerned About Regulatory Confusion on Stablecoins

At the same time the CFTC announced its enforcement actions against Bitfinex and Tether, Commissioner Dawn D. Stump has issued a statement regarding the action by the regulator. Commissioner Stump says she agrees with the action taken by the Commission while expressing her concern regarding… Read More

Tether, Bitfinex Ordered to Pay Over $42 Million in Fines by CFTC

The Commodity Futures Trading Commission (CFTC) has ordered Tether and Bitfinex (iFinex) to pay $42.5 million in fines, according to a statement by the regulator. Tether, a leading dollar-based stablecoin, must pay $41 million in regards to claims that Tether (USDT) was fully backed by… Read More

Paolo Ardoino: CTO at Bitfinex Explains Why Lightning Network (LN) Will Enable Greater Crypto, DeFi Adoption

  The Bitcoin (BTC) Lightning Network was recently tapped to enable Twitter payments and as of last week, the number of nodes that are running the LN reached a record high, increasing around 105% since 2020. Only about a year ago, the Lightning Network had… Read More

Bitfinex to Support U2F Security Keys, an Open Authentication Standard

Bitfinex, a digital currency trading platform that’s being investigated by the US Justice Department for allegedly engaging in criminal charges including large-scale money laundering, announced that it will be supporting U2F security keys, which is described as an open authentication standard. The U2F security keys… Read More

Bitfinex Securities Introduces Regulated Investment Platform in AIFC Fintech Lab

Bitfinex Securities Ltd., a provider of blockchain or distributed ledger tech (DLT)-enabled investment products, has introduced its regulated investment platform in the AIFC Fintech Lab, with the goal of improving accessibility for a wide range of financial products for qualified members interested in diversifying their… Read More

Bitfinex Derivatives to Offer Perpetual Contract for Solana, Company CTO Paolo Ardoino Anticipates Great Demand for Product

Bitfinex Derivatives is offering a derivatives platform that is accessible via Bitfinex, a digital token trading platform. As mentioned in a release shared with CI, Bitfinex Derivatives has introduced a perpetual contract for Solana (SOLF0:USTF0). Solana (SOLF0:USTF0) “went live on 26/07/21 at 15:00 PM CET,”… Read More

Decentralized Lending Protocol C.R.E.A.M Finance to Offer Euro backed Tether Tokens, EURt

C.R.E.A.M. Finance, a decentralized lending protocol, has revealed that it will be “the first” protocol in the decentralized finance (DeFi) space to provide a Euro-backed stablecoin in, “with the addition of Tether tokens pegged to the euro (EURt).” Paolo Ardoino, CTO at Tether Operations Limited,… Read More

Digital Assets: Atani Founders Reveal how Their Software Allows Crypto Traders to Conduct Seamless Transactions

We recently caught up with Paul Barroso, Co-founder & CEO of Atani and Haydeé Barroso, Co-founder & COO at Atani. Paul and Haydeé explained how their platform allows users to access many different crypto exchanges such as Binance, Huobi, Coinbase Pro, among many others. Atani… Read More

Report on Tether Stablecoin Says it is Backed One to One with the US Dollar

In a post on its site, Tether Holdings Limited said a recent assurance opinion by Moore Cayman confirms that “information in the company’s Consolidated Reserves Report is accurate.” The report, a snapshot document from February 28, 2021, indicates that at that time Tether effectively held… Read More

Bitfinex Launches Paper Trading For Honey Framework

Digital asset exchange Bitfinex announced on it has launched paper trading for the Honey Framework. The launch enables Bitfinex users to “test drive” automated trading strategies in a simulated environment without putting real funds at risk. “Users can use the Honey Framework to create custom… Read More

Bitfinex Pay Now Allowing Businesses to Accept Crypto Payments

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    Digital asset exchange Bitfinex announced on Wednesday its payment technology Bitfinex Pay is now allowing online merchants a means of receiving contactless and borderless digital token payments. Bitfinex reported that the Bitfinex Pay widget can be integrated on to a website and users… Read More

New York AG: Bitfinex to Stop Trading with New York Residents, Pay Penalty and Add Disclosure. Bitfinex Thanks AG’s Office for their Cooperation and Professionalism

Letitia James, Attorney General of New York, says that Bitfinex must stop allowing trading for New York investors. The AG says that Bitfinex’s activities are “illegal” in New York.  The agreement requires Bitfinex and Tether to discontinue any trading activity with New Yorkers while paying… Read More

Bitfinex Enables Deposits & Withdrawals for Bitcoin Cash Node

Digital asset exchange Bitfinex announced on Thursday that deposits and withdrawals for Bitcoin Cash Node (BCHN) have officially opened. Prior to this launch, Bitfinex announced the upcoming Bitcoin Cash (BCH) network protocol upgrade, and any associated hard fork, was schedule for November 15, 2020 at… Read More

Bitfinex Set to List HUMAN Token

Digital asset exchange Bitfinex announced on Thursday it is set to list the HUMAN Token (HMT), which is notably a medium of exchange that will be used to power the decentralized labor markets built on the HUMAN Protocol. The HUMAN Protocol notably provides a hybrid… Read More

Bitfinex Collaborates With Celsius Network to Offer Bitfinex Customers Access to Celsius Rates For Crypto Holdings

Digital asset exchange Bitfinex announced on Thursday it is teaming up with cryptocurrency reward-earning platform Celsius Network to offer its customers easy access to Celsius’ rates for earning rewards on crypto holdings. The duo notably aims to “empower” the crypto community to stabilized the market… Read More

Digital Asset Exchange Bitfinex Introduces Staking Rewards for Cardano (ADA)

Bitfinex, a major digital asset exchange, will be introducing staking rewards for ADA, the native crypto token of Cardano, a blockchain-based platform for developing decentralized applications (dApps). According to the Cardano team, which is led by its founder Charles Hoskinson, the distributed ledger tech (DLT)… Read More

Bitfinex Announces Group Chat Features Updates on Bitfinex Pulse

Digital asset exchange Bitfinex announced on Friday it has made multiple improvements to the group chats feature on Bitfinex Pulse. As previously reported, Bitfinex Pulse is a social network tailored to meet the needs of crypto traders, providing Bitfinex’s growing customer base with the opportunity… Read More

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