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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
Prosecutors have allegedly seized €400 mln from a Polish bank, with unconfirmed reports that the confiscated funds have ties with Bitfinex.
Unconfirmed: Polish Prosecutors Seize €400 mln Amid Allegations Bitfinex Is Implicated In Fraud
Marie Huillet
2018-04-07T23:29:00+01:00
47738
Analysis
Tether’s latest issuance of 300 mln USDT tokens has brought the cryptocurrency and the lack of an official audit back into the spotlight.
Canceled Audit and Issuance of 300 Mln New Tokens: What’s Going on With Tether?
Gareth Jenkinson
2018-03-29T00:59:00+01:00
36640
News
Bitfinex, the major crypto exchange operating out of the British Virgin Islands, plans to move to Zug, Switzerland.
World’s Fifth Largest Crypto Exchange Bitfinex Wants To Move To Switzerland
Markus Kasanmascheff
2018-03-28T23:56:00+01:00
28551
News
Bitfinex has published a statement on the Petro coin, claiming that the platform will not support any tokens issued by the Venezuelan government.
Crypto Exchange Bitfinex Won’t Support Venezuela’s Petro, Following US Gov’t Ban
Helen Partz
2018-03-27T21:25:00+01:00
18495
News
Tether issued 300 mln new USDT tokens today, the “largest grant” of tokens from the fiat-backed crypto to date, critics react
Controversial Tether Issues $300 Mln In New Tokens, Critics React
Molly Jane Zuckerman
2018-03-21T14:55:00+00:00
30514
Analysis
Research shows cryptocurrencies can fall substantially with small sell offs
Volumes on Most Major Cryptocurrency Exchanges Are Fake or Inflated: Study
Joseph Young
2018-03-20T22:18:00+00:00
79124
News
The anonymous blogger Bitfinex’ed has reportedly hired a D.C. lawyer as part of the ongoing legal dispute between the blogger and the crypto exchange Bitfinex.
Anonymous Blogger ‘Bitfinex’ed’ Lawyers Up For Alleged Legal Battle With Bitfinex
Molly Jane Zuckerman
2018-03-12T20:06:00+00:00
27051
News
Vitalik Buterin has revealed a new Blockchain scaling solution, Plasma Cash, at the Ethereum Community Conference in Paris.
Buterin Presents Blockchain Scaling Solution That Could Make Exchanges ‘Hack Resistant’
Molly Jane Zuckerman
2018-03-10T13:25:00+00:00
63261

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