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bitfinex


Cryptocurrency exchange Bitfinex has just announced a new process for depositing fiat currency after the platform halted service in recent days. Announcing the news in a blog post Tuesday, the exchange said the “new, improved and increasingly resilient” deposit system would again allow users who have been verified for know-your-customer (KYC) compliance to top up their …

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This post was originally published here Cryptocurrency exchange Bitfinex has just announced a new process for depositing fiat currency after the platform halted service in recent days. Announcing the news in a blog post Tuesday, the exchange said the “new, improved and increasingly resilient” deposit system would again allow users who have been verified for know-your-customer …

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Today started out the week in crypto with a bang as Bitcoin saw price discrepancy among exchanges. Tether fears continue, OKEx lists four new stablecoins, and mainstream interest in crypto continues. Let’s check out today’s action! Tether Hits Record Low Against USD For those that are unfamiliar, Tether (USDT) is a cryptocurrency supposedly pegged to …

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Crypto exchange Bitfinex said Monday that withdrawal services are operating “without the slightest interference” – but some of its users would seem to disagree. “Processing complications” led to crypto exchange Bitfinex suspending fiat deposits into customer accounts last week, according to the October 15 blog post. Its move to pause such deposits is a temporary one, …

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Cryptocurrency markets rallied on Monday morning, with bitcoin leading the charge. Bitcoin climbed as high as US$7,000 on some exchanges, marking largest single-day rally in months. As expected, many other cryptocurrencies followed suit, with ether and XRP both posting double digit gains before falling back slightly. The big surprise, however, was Tether which came unhinged …

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Bitcoin’s price finally broke out to the downside recently after prolonged dormant price action. Unrest in the crypto space continues with exchange pump and dumps, stiff regulatory comments, and Malware attacks, as well as positive news of a new Coinbase listing. Catch up on today’s action: YoBit.net Official Pump Scheme & Scam Social Media The …

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This post was originally published here Major crypto exchange Bitfinex has temporarily suspended all fiat wire deposits for the Euro, U.S. Dollar, Japanese Yen and Pound Sterling. This is according to several reports today, Oct. 11. While the exchange has not specified a reason for the suspension, it states that deposits are “expected to resume …

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The crypto market is coiled like a spring, ready to explode in either direction, as news continues to roll in. Institutional and mainstream interest continues to build, and Bitcoin’s price still lies dormant. Here’s today’s action: ICYMI (In Case You Missed It) How Blockchain Technology Can Enhance Cybersecurity Lately, there has been a seemingly endless …

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Hong Kong-based crypto exchange Bitfinex has hit back against claims it is insolvent and disclosed wallet addresses that hold over $1.5 billion in crypto assets. The company, which shares management with Tether, the venture behind the U.S dollar-pegged crypto USDT, stated in a blog post on Sunday that it is not insolvent, and “a constant …

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Another quiet day in the world of crypto, as Bitcoin price again lurks in the shadows. Here’s today’s movement: Coinbase Adds Charles Schwab Advisor To Board Of Directors In continued growth, Coinbase made a couple of notable additions to the team today. Chris Dodds was welcomed to the board of directors, and Jonathan Kellner (former …

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Phil Potter, chief strategy officer for cryptocurrency exchange Bitfinex, has reportedly left the company. Reuters reported Friday that Potter, who is also a director of the ‘stablecoin’ issuing company Tether, will be temporarily replaced by Jan Ludovicus van der Velde, Bitfinex’s CEO. A spokesperson told the news service that the parting was “mutual” in nature. …

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Nearly six months after parting ways with its auditor, Tether has finally produced a third-party report proclaiming that its cryptocurrency is fully backed by U.S. dollars – with some big caveats. The state of Tether’s reserves has been the subject of controversy for months, with online critics claiming the company has been issuing more tokens …

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The U.S. dollar-pegged tether has been used to support bitcoin’s price during market downturns, a new study published by University of Texas at Austin professors. John Griffin and Amin Shams, of the University of Texas at Austin’s Department of Finance, published a study Wednesday linking the stablecoin with bitcoin’s prices during the 2017 price increases. …

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The top U.S. futures regulator has denied a Freedom of Information Act (FOIA) request related to cryptocurrency exchange Bitfinex and the closely-linked ‘stablecoin’ operator Tether, according to records obtained by CoinDesk. The FOIA request, sent in late February, sought “subpoenas issued to iFinex inc. also known as Bitfinex and it’s subsidiary companies, as well as subpoenas …

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Trust, but verify. Borrowed from a Russian writer, it’s one of crypto’s most widely embraced slogans, though one that’s becoming even more relevant on social media, where battling factions bent on promoting the next great high-tech investment are now turning the very symbols meant to protect users against them. Whether it’s an account impersonating the world’s largest …

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New York’s attorney general is taking a closer look at some of the world’s most popular cryptocurrency exchanges. Attorney General Eric Schneiderman announced the “Virtual Markets Integrity Initiative” on Tuesday, saying it was “a fact-finding inquiry into the policies and practices” of cryptocurrency trading platforms. Letters were sent to 13 exchanges, seeking information about their “operations, …

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Bitfinex is pushing back against allegations it is involved in a money laundering case in Poland. The cryptocurrency exchange told CoinDesk on Tuesday that it conducted an “internal investigation of its international organization,” and found no connection between its operations and the two shell companies accused of defrauding the Belgian government and laundering funds in …

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Cryptocurrency exchange Bitfinex denied claims it was involved in a money laundering case in Poland on Tuesday. The startup told CoinDesk it conducted an internal investigation of its international organization, and found no connection to two shell companies accused of defrauding the Belgian government and laundering funds in Colombia. The exchange wrote that “based on …

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Tether, the altcoin backed by fiat currencies USD and EUR, has issued another 300 mln USDT tokens priced at $1 per token on Tuesday March 20, according to data from Omni Explorer. In mid-February, Tether had released 86 mln in euro-backed EURT and 61.1 mln in US dollar-based USDT on the Ethereum (ETH) Blockchain. Bitfinex’ed, …

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Earlier this month, cryptocurrency trader Sylvain Ribes investigated into the volumes of most small-scale cryptocurrencies and discovered that the trading volume of OKEx, the fourth largest cryptocurrency trading platform in the world, is mostly inflated. Inflated volumes Ribes, who initially set out to conduct a study on the liquidity of cryptocurrencies and digital assets, utilized …

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