News
"Litigation will expose this case for what it is: a clumsy attempt at a money grab, which recklessly harms the whole cryptocurrency ecosystem," said Tether.
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Bitfinex News
The Bitfinex exchange is a popular platform for exchanging cryptocurrencies, also hosting spot and derivatives trading as well as certain lending, borrowing and staking features. Bitfinex came into existence in 2012. Bitfinex fees for spot trading are 0.10% for maker orders and 0.20% for taker orders. For derivatives trading, maker orders give customers a 0.02% rebate, while taker orders incur a 0.075% fee. Trading fees vary for each customer based on their trading volume and activity. Bitfinex also has its own utility crypto token called Unus Sed Leo (LEO). Because it restricts a number of regions, Bitfinex U.S. customers are not allowed. On Bitfinex, KYC and Anti-Money Laundering procedures are employed.
Back in 2016, there was a Bitfinex hack in which 119,756 Bitcoin (BTC) was stolen. Back then, 119,756 BTC was valued at about $72 million total.
- News
In what is presumed as a technical error, popular crypto exchange Bitfinex paid a seismic $23.7 million dollars in a gas fee for a comparatively nominal $100K transaction.
12418 - Breaking news
The bridge will facilitate ERC-20 token transactions between centralized and decentralized exchanges.
4205 - News
Bitfinex’s new security token platform will provide exposure to blockchain-based equities, bonds and investment funds.
3611 - News
Cryptocurrency exchange Bitfinex launches a new authentication standard for online payments service Bitfinex Pay.
2315 - News
Blockstream has secured $210 million in fresh investment from a U.K. private equity firm and crypto exchange Bitfinex’s operator.
3784 - Market Analysis
Derivatives data show the market is dominated by longs and that top traders added leverage as BTC price rallied to $46,300.
12904 - News
Former NFL team owner and alleged “shadow bank” operator Reggie Fowler is not engaged in any plea negotiations and the trial against him is set to begin early next year.
3902 - Market Analysis
The latest meltdown in BitFinex BTC shorts could follow up with a spike in spot Bitcoin bids, stated one analyst.
31717 - Breaking news
Short selling pressure returns to the market with a trader eyeing a retest of $31,000 as a result of support weakness.
15539 - Market Analysis
$726 million in Bitfinex shorts were quickly closed after Bitcoin price bounced at $30,500, leading traders to speculate whether bears have given up.
9580 - Market Analysis
A significant surge in Bitfinex short contracts is being attributed to Bitcoin’s current downturn but there are other major factors at play.
14834 - Market Analysis
Bitcoin short positions at Bitfinex soared as BTC price dropped below $40,000, so why did the majority of them close before the largest part of the correction?
13192 - News
Kraken, Bitfinex and KuCoin could become the next major crypto exchanges to attempt to service India’s estimated 15 million crypto investors.
10725 - Market Analysis
The latest rally in BTC shorts is similar to what appeared ahead of the Elon Musk-led May 19 market crash.
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