Tagged: bitfinex

Bitcoin and Crypto Market Movements Align with Pre-Halving Rally, A Trend Observed in Previous BTC Cycles – Analysis

With Bitcoin (BTC), the flagship cryptocurrency, finally surging past the $52,000 mark at the time of writing, a pre-halving rally reminiscent of previous cycles seems to be unfolding. This is according to an update shared by the analysts at Bitfinex. To shed light on this… Read More

Bitcoin at $50,000

Bitcoin (BTC) traded above $50,000 today for the first time in a long time. Not since the end of 2021 has Bitcoin traded above this key mark – topping $64000 – its all time high. Bitcoin is the most popular crypto and the only one… Read More

Insiders Comment on the SEC’s Approval of Bitcoin ETFs

As was reported earlier today, after an extended deliberation, the Securities and Exchange Commission (SEC) has approved eleven Bitcoin ETFs. CI has received multiple comments on the approval which is a seminal event for the crypto industry. Rajeev Bamra, SVP of Digital Finance at Moody’s… Read More

Bitfinex Analysts Comment on Resilience of Crypto Industry Despite Reputational and Regulatory Challenges

If 2023 has demonstrated anything, it is the “remarkable resilience” of the crypto industry despite “reputational and regulatory challenges,” according to an update from Bitfinex. So as we head into 2024, the analysts at Bitfinex foresee “the number of global cryptocurrency owners to rocket up… Read More

Tether, Bitfinex No Longer Oppose New York Freedom of Information Law (FOIL)

Tether and Bitfinex say they no longer oppose the  New York Freedom of Information Law (FOIL). The announcement was made this morning as Tether/Bitfinex say the move is to highlight their support of transparency in the digital asset sector. Tether is the top dollar-based stablecoin… Read More

Crypto Exchange Bitfinex Reports “Minor” Information Security Incident

Bitfinex announces that it has resolved a minor information security incident, discovered earlier this week. A “small” portion of Bitfinex‘s customer support boards, which “held partial, incomplete and stale information was accessed by an individual or group, through the phishing of a customer support agent… Read More

Longtime CTO and Tether Spokesperson Paolo Ardoino Steps Into CEO Role

Leading stablecoin issuer Tether will soon have a new Chief Executive Officer. Announced today, Paolo Ardoino will replace Jean-Louis van der Velde (JL) as CEO. Ardoino will take over beginning this December. van der Velde will remain CEO of the crypto exchange Bitfinex – a… Read More

Bitfinex and Tether CTO Paolo Ardoino to Testify in Alleged Crypto Market Manipulation Lawsuit

Bitfinex and Tether Chief Technical Officer Paolo Ardoino will be deposed as part of a class-action lawsuit against both firms and their related executives. This past Monday, a New York judge reportedly made the decision to deny Ardoino’s request to further delay his deposition until… Read More

Bitfinex Hacker, Wife Heather Morgan aka Rapper “Razzlekhan,” Plead Guilty to Money Laundering Conspiracy Involving Billions in Crypto

A married and aspiring rapper couple from New York City recently pleaded guilty to money laundering conspiracies arising from the hack and theft of approximately 120,000 Bitcoin from Bitfinex, a global cryptocurrency exchange. Ilya Lichtenstein, 35, and Heather Morgan, 33, were arrested in February 2022… Read More

Bitfinex to Provide Peer to Peer Services in Argentina, Colombia and Venezuela

Bitfinex has launched peer-to-peer (P2P) services in Argentina, Colombia and Venezuela. The service will allow customers to buy and sell crypto directly to individuals while completing the payment process outside the platform. Bitfinex P2P will offer services for Bitcoin, Tether – USDt and EURt, Tether… Read More

Digital Assets: Bitfinex, Chile’s OrionX to Enable Crypto Adoption in Latin America

Bitfinex, a  digital asset trading platform, has announced a new investment in the leading Chilean crypto firm Orionx, as both companies look “to ramp up efforts to promote financial freedom and inclusion throughout Latin America.” Paolo Ardoino, CTO at Bitfinex, said: “We’re excited to collaborate… Read More

Bitcoin Network Under Stress, Bitfinex Says No Worries

The Bitcoin network has endured rising congestion due to several reasons, including a new NFT-like minting protocol. Binance struggled in recent days to process BTC transactions so much that it had to pause these transfers – a surprising move by the world’s largest crypto exchange… Read More

Bitfinex Securities Gains “First Ever” Digital Asset License in El Salvador

Bitfinex Securities El Salvador S.A. de C.V., has been granted the “first ever” license as a Digital Asset Service Provider under El Salvador’s new Digital Assets Issuance Law or Ley de Emisión de Activos Digitales – which became law in January 2023. Bitfinex Securities El Salvador… Read More

Digital Assets: Bitfinex Derivatives Adds Asian Equity Indices to Perpetuals Portfolio

Bitfinex Derivatives, a derivatives platform that is accessible through Bitfinex announced  a range of perpetual contracts “for three of the largest and oldest Asian Equities indices; HONG KONG 50, JAPAN 225 and AUSTRALIA 200.” The launch of these equity perpetual contracts will reportedly “allow Bitfinex… Read More

Diversification: Bitfinex to Offer Commodity Contracts

Bitfinex Derivatives has announced a range of perpetual contracts for some global commodity indices. Bitfinex noted that the contracts are only available for certain accounts in certain jurisdictions. The platform said the commodity contracts will allow Bitfinex Derivatives customers to trade products usually available on… Read More

Annus Horribilis for Crypto: Bitfinex Publishes Open Letter on Tough Year for Digital Assets

In an understatement, Bitfinex’s CTO (as well as Tether’s) Paolo Ardoino, has labeled 2022 as the annus horribilis for crypto markets. From multiple bankruptcies, hacks, and regulatory challenges, the digital asset sector has had a challenging year. As it looks today, the path remains murky. Ardoino… Read More

Bitfinex CTO Paolo Ardoino Comments on Binance Recovery Fund

Binance recently announced the creation of an “Industry Recovery Fund” following the collapse of FTX and the collateral damage it has caused to the cryptocurrency industry. Several other platforms have indicated they have been impacted by the bankruptcy of FTX, and several have shut down… Read More

Bitfinex, Binance Gain Digital Assets as Investors Seek Safety

Money that fled FTX is looking for a place to land. But FTX is not necessarily the only platform that is losing crypto assets, at least according to a Tweet thread from Nansen. We are seeing more deposits than withdrawals to these exchanges in the… Read More

Bitfinex “Demonstrates” Proof of Reserves, Affirms “Commitment” to Transparency

Bitfinex, a digital asset trading platform, claims that it has “not been impacted by the latest market events.” The exchange reportedly “remains liquid, stable and strong, and has no exposure to FTX or its FTT exchange token.” Over the past week, Bitfinex has “witnessed an… Read More

Bitfinex Supports Ethereum Proof of Work Fork (ETHW)


Crypto exchange Bitfinex is out with a note that it will support the Ethereum fork that will continue the Proof of Work (PoW) process. This follows the successful Merge that was completed today migrating Ethereum from Proof of Work to Proof of Stake (PoS). Multiple… Read More

Send this to a friend