Tag: BitFinex

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Hacker from the 2016 Bitfinex Breach Transfers $21M Worth of Bitcoin to Unknown Wallets

Hacker from the 2016 Bitfinex Breach Transfers $21M Worth of Bitcoin to Unknown WalletsOn Wednesday morning (ET), around 2,034 BTC ($21.6 million) from the 2016 Bitfinex hack moved into a few unknown wallets. The action was caught by the Btcparser program as five transactions with around 400 BTC each moved for the first time in four years. On August 2, 2016, the popular digital currency exchange Bitfinex was […]

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October 8, 2020 0

How to Use a Physical Security Key to Safeguard Your Exchange Account

If you are keeping funds on a cryptocurrency platform such as a centralized exchange it is highly advisable you make sure your accounts are as safe as possible. Using a physical security key can greatly help with this as well as safeguarding other private services such as email and cloud storage. Also Read: Israeli Supreme […]

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June 4, 2019 0

Researcher Claims to Have Sleuthed $90M of Quadrigacx Funds

A new research report links a trail of 12 wallets holding Quadrigacx funds worth $90M of ethereum to Kraken, Bitfinex, and Poloniex exchanges. With Kraken confirming that it no longer holds any active Quadriga wallets, the onus is now on the other two exchanges to confirm or deny that the coins are still in their […]

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March 1, 2019 0

The Fall of Tether and What It Means for the Cryptocurrency Markets

The Fall of Tether and What It Means for the Cryptocurrency MarketsThe demise of Tether has been a car crash in slow motion. An unswervable event that has played out over the course of months, it has reached a crescendo in the past 24 hours, with tether slipping significantly from its dollar peg. It is possible, perhaps even probable, that it will regain parity with the […]

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October 15, 2018 0

Bitfinex Strongly Refutes Insolvency Claims

Bitfinex Strongly Refutes Insolvency ClaimsBitfinex has vigorously refuted claims that it and its Tether stablecoin are on the brink of insolvency. Rumors have surrounded the opaque exchange for over a year, but have intensified in the past month. “Bitfinex is not insolvent, and a constant stream of Medium articles claiming otherwise is not going to change this,” asserts a […]

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October 7, 2018 0

$800M BTC Wallet Reactivates: Tens of Millions to Exchanges

$800M BTC Wallet Reactivates: Tens of Millions to ExchangesSpeculation has been swirling around a BTC wallet held dormant for over four years that is suddenly showing movement. That it contains something on the order of nearly one billion dollars worth of bitcoin core (BTC) has the ecosystem in both investigative mode and panic, as it could signal a giant dump at the very […]

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September 5, 2018 0

Markets Update: Bears Claw Cryptocurrency Prices Down to New Lows

Markets Update: Bears Claw Cryptocurrency Prices Down to New LowsCryptocurrency markets are suffering from new lows on the first of February as nearly every digital asset is down 3-20 percent. Since the last week of December 2017, bitcoin core (BTC/USD) markets are seeing a continuous downward spiral not seen since 2014. At the moment BTC is desperately trying to climb above the $9K region […]

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February 1, 2018 0

Overwhelmed Cryptocurrency Exchanges Are Hiring Staff by the Hundreds

Cryptocurrency Exchanges Are Hiring Staff by the HundredsCryptocurrency exchanges have been overrun for months, as record demand has caused throttling or restriction of service altogether. With exchanges buckling under the strain, a number of platforms have been forced to temporarily shut their books. On Thursday, Bitstamp announced plans to recruit 100 new call center staff as it struggles to feed the crypto […]

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January 19, 2018 0

Despite Regulations, One South Korean Crypto Exchange Rises to the Global Top

Despite Regulations, One South Korean Crypto Exchange Rises to the TopAmid regulatory uncertainty, South Korean cryptocurrency exchange Upbit has grown rapidly, offering 121 cryptocurrencies and over 200 trading pairs. Backed by Kakao Corp, the platform is now the largest crypto exchange by volume globally. Also read: South Korea Urges 23 Countries, EU, and IMF to Collaborate on Curbing Crypto Trading Upbit Tops the Chart South Korean […]

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January 17, 2018 0

Community-Focused Exchanges with Proprietary Tokens Are Prospering

Community-Focused Exchanges with Proprietary Tokens Are Prospering“Community” is a word that is synonymous with cryptocurrency projects, but aside expressing a desire to develop a strong user base, what does it actually mean? For exchanges, having a community-oriented model means consulting customers on new tokens, incentivizing participation, and creating a revenue-sharing system. Binance and Kucoin are two platforms that have tried this […]

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January 3, 2018 0