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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.

Top News

Is Dogecoin set to follow Shiba Inu’s (SHIB) 400% breakout?

'Much ow' ahead? Dogecoin chart fractal puts Shiba Inu's 390% QTD rally in danger

Shiba Inu rebounds 40% despite major selling by SHIB whales

One currency to rule them all: Facebook’s Diem has global ambitions

Shiba Inu is now a top-20 cryptocurrency with SHIB price soaring 300% in 9 days

As seen in the case of AA v. Bitfinex, targeting a crypto exchange over stolen funds is a high-risk, low-reward proposition.

The perils of suing crypto exchanges after ransomware attacks

2021-04-18T12:12:00+01:00

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While the hacker will find selling their BTC difficult, the transfers may be contributing to a volatile day in the markets.

Over 10,000 blacklisted BTC from 2016 Bitfinex hack on the move

2021-04-14T21:32:02+01:00

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The market’s leading stablecoin, USDT, reached another major milestone as crypto demand continues to grow.

Tether market cap surpasses $40B, growing 10x over 12 months

2021-03-24T17:15:00+00:00

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Honey Framework users have more than tripled, according to Bitfinex. Paper trading allows them to test their strategies without risking real capital.

Bitfinex users can now paper trade their custom algo strategies

2021-03-11T18:11:31+00:00

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Longstanding sagas in crypto saw major plot development and even a conclusion or two in this week's newsletter.

Law Decoded: Loose ends and long dramas, Feb. 19–26

2021-02-26T21:13:39+00:00

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New York regulators are forcing Tether to be fully transparent about its reserves, at the cost of not serving New York residents.

Tether to report reserves and pay $18.5M fine after settlement with NYAG

Andrey Shevchenko

2021-02-23T13:18:11+00:00

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A half-billion dollar loan has been closed out, but multiple court cases grind on

Amid ongoing legal proceedings, Bitfinex announces Tether loan repayment

2021-02-05T17:48:51+00:00

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The GameStop short squeeze and Bitcoin have a lot more in common than appears at the surface, according to Paolo Ardoino.

Bitcoin ‘ascendant’ as GameStop saga unfolds, Bitfinex CTO says

2021-01-31T15:35:44+00:00

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