Ethfinex, a “trustless” cryptocurrency exchange for trading ERC-20 tokens is cutting ties with parent company iFinex and related exchange Bitfinex and rebranding as an independent entity called “DeversiFi.” Will Harborne, who oversaw Ethfinex and is now CEO of DeversiFi told The Block,“This is more than… Read More
Jessie Powell, the CEO of the San Francisco-based cryptocurrency trading platform Kraken told TD Ameritraid Monday that real money pouring onto crypto exchanges fuelled Bitcoin’s recent price rise, not controversial synthetic USDs called tethers. Tether printing comes after fiat and not before, said Powell: “Recently,… Read More
A finance professor at the University of Texas experienced in fraud detection has alleged that a focussed campaign to inflate the price of Bitcoin and other cryptocurrencies occurred on the Bitfinex exchange last year, the New York Times reports. Professor John Griffin and grad student… Read More
Spectacular spoofing and wash-trading practices largely regarded as par-for-the-course among veteran crypto traders are coming under the scrutiny of the US Department of Justice and its partner, the Commodity Futures Trading Commission, Bloomberg reports. This investigation is said to be particularly focussed on crypto wash… Read More
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