Tagged: bitfinex

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

Ethereum Can’t Compete with Bitcoin as a Form of Money: Ardoino

As the completion of the Merge nears, where Ethereum moves from Proof of Work (PoW) to Proof of Stake (PoS), Ethereum is poised for a significant, transformational upgrade that may migrate the blockchain from a pretty cool experiment to ongoing relevance in the land of… Read More

The Age of Cryptocurrency Marks the Path to Financial Liberation in Latin America

Inflation continues to rise globally, especially across Latin America where hyperinflation afflicts many countries. Could Bitcoin and the emerging digital token economy be the answer? Across Latin America, a story of inflation and ineffective central bank policy is the order of the day. In Mexico,… Read More

Bitfinex, Tether and Hypercore Launch Holepunch

Bitfinex, Tether, and Hypercore have joined to launch Holepunch, a platform described as enabling creators to build secure peer-to-peer apps. Holepunch is currently closed source and in alpha testing. The company anticipates moving to open source code in Q4 of 2022. Tether is a leading… Read More

Bitfinex to Donate $600,000 in Bitcoin, Tether to El Salvador

Bitfinex is reporting that it will donate 36 Bitcoin (BTC) and US$600,000 Tether tokens (USDt) to help small businesses and communities in El Salvador. Bitfinex added that this is part of the crypto exchange’s continued support for the country. Bitfinex said they are working with… Read More

OpenSea Emails Pilfered, “Assume You Were Impacted”

OpenSea, the most popular NFT marketplace in the world, has experienced a breach of user information. According to a blog post yesterday, an employee of Customer.io, a service provider for OpenSea, downloaded OpenSea’s email list, apparently to use or sell for illegal objectives. OpenSea stated:… Read More

SlowMist Explains How Peel Chains are Used to Launder Large Amounts of Cryptocurrency

SlowMist notes that not too long ago, they had released an update in regards to the Bitfinex incident. The report from SlowMist had covered how the stolen funds had allegedly been laundered using a technique known as “peel chain.” The company reveals that they received… Read More

Over 4,000 Criminal Whales are Holding $25B+ in Crypto: Research Report

One positive development during the past year has been law enforcement’s “growing” ability to seize virtual currency from criminals, according to an extensive update from Chainalysis. The US Department of Justice (DOJ) seized $2.3 million in crypto from the DarkSide ransomware operators who were allegedly… Read More

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