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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
Hackers transferred roughly $12M from wallets connected to the Bitfinex breach, in which 120,000 Bitcoin was stolen in August 2016.
Four-Year Anniversary of Bitfinex Hack, and $12M of Stolen BTC Moved
Turner Wright
2020-08-04T01:12:00+01:00
10071
News
Hackers have transferred roughly $38.7M out of $1.3B worth of Bitcoin from wallets connected to the infamous 2016 hack of crypto exchange Bitfinex.
$39M of Bitcoin Stolen in 2016 Bitfinex Hack Is on the Move
Turner Wright
2020-07-29T00:17:00+01:00
10328
News
Tether rose quickly to $9.1 billion in 2020 as supply doubled since March, but some of that is old money being repurposed into USDT.
Sizable Portion of Tether’s $4.5B Growth Comes from Exchange Fiat
Andrey Shevchenko
2020-07-21T17:53:00+01:00
5647
News
The increasing use of HFT may help explain Bitcoin’s record low volatility.
Is High-Frequency Trading the Reason Bitcoin Has Become Boring?
Hisashi Oki
2020-07-16T06:50:00+01:00
15658
Markets News
Dogecoin sees fresh gains before correcting to $0.004 as Bitfinex appears to capitalize on TikTok excitement.
Bitfinex Lists Dogecoin After TikTok Fad Sends DOGE Price Over $0.005
William Suberg
2020-07-10T09:10:00+01:00
19677
News
New York’s Supreme Court has rejected Bitfinex and Tether’s appeal in the ongoing dispute between the firms and the NY Attorney General over $850 million in los...
New York Court Rejects Bitfinex Appeal Over $850M in Lost Funds
Samuel Haig
2020-07-10T02:22:00+01:00
4201
News
Zhao Dong was taken in custody by the police with no official statement as to his detention.
Bitfinex Investor Reportedly Detained by the Chinese Authorities
Felipe Erazo
2020-07-02T17:02:00+01:00
4510
News
Bitfinex has uploaded the code for a crypto-powered open-source P2P data streaming protocol to GitHub.
Bitfinex Launches Open-Source Crypto-Powered Streaming Protocol
Samuel Haig
2020-06-26T09:48:00+01:00
4759

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