Fri, December 20

Prominent Exchange Bitfinex Clears Out Stand Against Allowing Russian Citizens

Bitfinex would not freeze the accounts of regular Russian consumers until it is obliged. Ardoino believes that barring all Russian citizens in the present crisis may be harsh. Some cryptocurrency firms stand up for the rights of non-banned Russian people amid a worldwide commercial boycott of Russian individuals over the

March 11, 2022 1 min read

Bitfinex Bitcoin Hack Was Technically Tough to Be Hacked

To withdraw bitcoins from an address, one might need two of the address’s three keys. Only the two firms involved were aware of this private interface. New York-based couple Lichtenstein and his wife, Heather Morgan, have been charged with money laundering. There is a claim that they were attempting to

February 13, 2022 2 mins read

Netflix Announces Documentary Series on Bitfinex Bitcoin Fraud

Few stolen Bitcoins have been moved out of the wallet over the last five years. If convicted, the pair faces up to 25 years in jail. Netflix has scheduled a documentary series on the largest-ever crypto fraud after the seizure and recovery of over 94,000 Bitcoins worth $3.6 billion this

February 12, 2022 1 min read

UNUS SED LEO (LEO) Price Surges Over 70% Amid Stolen Bitcoin Seizure

Recovered cash will be used to purchase back and burn LEO tokens. LEO’s price hit an all-time high of $8.144 on February 8. On February 9, UNUS SED LEO (LEO) soared over 70% to new highs, as traders anticipated a supply shortage in the market. Approximately 94,000 Bitcoins (BTC) were

February 9, 2022 2 mins read

US Authorities Seizes 94K BTC Linked to 2016 Bitfinex Hack

The two suspects were taken into custody in Manhattan, New York City. More than two thousand bitcoin accounts were discovered in one wallet. According to the US Justice Department, a New Yorker-based couple has been detained for allegedly plotting to launder millions of dollars worth of cryptocurrencies, which announced the

February 9, 2022 2 mins read

Couple Detained by FBI For Bitfinex Hack Laundering Granted Bail

DoJ charges the duo with money laundering and defrauding the United States. Special agents were granted a warrant to inspect files. A 31-year-old New Yorker, Heather Morgan claims to be a serial entrepreneur, prolific writer, irreverent humorous rapper, and investor in B2B software firms with solid growth potential. Morgan and

February 9, 2022 1 min read

UNUS SED LEO (LEO) Price Surges 22% in Last 24 Hours

Users of Bitfinex may save money on trading costs thanks to the crypto. iFinex has a token burn mechanism, and it will purchase back LEO tokens. In the iFinex ecosystem, UNUS SED LEO serves as a utility token. An Aesop’s fable-inspired Latin quotation inspired the odd name. Users of Bitfinex

February 2, 2022 2 mins read

Now Get Your REEF Through Bitfinex Effortlessly!

For a cryptocurrency, in particular the altcoins, the price and strength of an altcoin obviously depend on the exchanges upon which it’s made available. In other terms, the more number of prominent exchanges that an altcoin gets listed upon, the more stable and trustworthy the particular altcoin is. In spite

July 24, 2021 2 mins read

Bitfinex Repays Tether the Remaining Loan Balance of $550M

-Bitfinex announced that it repaid the remaining balance of a $550 million loan to Tether.-In 2018 Bitfinex borrowed $750 million from Tether.-Moreover, Tether is one of the most liquid exchange pairs with BTC. Crypto exchange Bitfinex announced that it repaid the remaining balance of a $550 million loan to its

February 6, 2021 2 mins read