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Wall Street Journal sued for defamation over fake news about crypto firms

Wall Street Journal

The Wall Street Journal, the prestigious publication, finds itself in the hot seat, facing a legal battle that has started yet another scandal with the crypto industry. Christopher Harborne, a shareholder of the stablecoin giant Tether, has launched a defamation lawsuit against the media titan. The lawsuit is over a contentious piece the Journal ran […]

Wall Street Journal faces defamation lawsuit for Tether-Bitfinex coverage

Wall Street Journal

Christopher Harborne, owner of the Thailand-based aviation fuel broker AML Global Ltd., has filed a lawsuit against The Wall Street Journal (WSJ), accusing the publication of defamation.  The legal action, initiated in a Delaware state court on Feb. 28, targets allegations made in a WSJ article from March 2023, which Harborne claims falsely accused him […]

U.S. transfers $1B seized Bitcoin from Bitfinex hack to unknown addresses

Bitfinex

Nearly $1 billion in Bitcoin, previously confiscated by the U.S. government from the Bitfinex hack case, has been moved to unknown addresses in a swift series of transactions. This involves two wallets specifically identified as containing funds from the Bitfinex heist. The transactions unfolded in four separate moves over less than two hours. Details of […]

Bitfinex Hacker testifies in trial, reveals laundering tactics

Bitfinex

In a significant development in the ongoing investigation into cryptocurrency-related crimes, Ilya Lichtenstein, the convicted hacker behind the 2016 Bitfinex exchange theft, has taken the stand as a key government witness. Lichtenstein’s testimony is part of a jury trial concerning Roman Sterlingov, the alleged cryptocurrency mixing service Bitcoin Fog operator. Sterlingov was arrested and charged […]

Bitfinex launches tokenized securities platform in El Salvador

Bitfinex launches tokenized securities platform in El Salvador

Bitfinex Securities has officially announced the opening of its tokenized securities trading platform in El Salvador. This development marks a new chapter in the integration of digital assets into mainstream financial markets. El Salvador’s growing role in digital finance El Salvador, having adopted Bitcoin as legal tender, is now hosting Bitfinex’s pioneering platform. This strategic […]

New restrictions for Bitfinex users in the UK amid regulatory changes: Details

Bitfinex

Bitfinex, a prominent cryptocurrency exchange, announced significant modifications to its operations in the United Kingdom. This move is in response to the new regulatory law in the country. Bitfinex has stated that these changes are necessary to align its services with the requirements mandated by UK financial regulations. Starting January 10, 2024, Bitfinex will implement […]

Tether and Bitfinex yield: FOIL request opposition withdrawn

Tether and Bitfinex yield: FOIL request opposition withdrawn

Tether and Bitfinex, key players in the cryptocurrency arena, have taken a noteworthy step towards transparency by retracting their opposition to a Freedom of Information Law (FOIL) request in New York. This decision, initiated by a request from CoinDesk and other high-profile news publications, marks a pivotal moment in the ongoing dialogue about transparency in […]

Bitfinex reveals strategic Bitcoin holdings amid market upswing

JasperArt 2023 09 04 21.22.19 upscaled

In a recent revelation, Bitfinex has disclosed its strategic commitment to Bitcoin (BTC). Historically, the platform has retained some of its trading fee earnings in Bitcoin. This move showcases Bitfinex’s unwavering faith in the pioneering cryptocurrency. However, the exact figures remain undisclosed. Bitfinex’s Chief Technical Officer, Paolo Ardoino, took to Twitter on Sunday. He emphasized […]

Bitfinex partners with Vakıfbank to offer zero-cost deposits in Turkish Lira

Bitfinex, a leading crypto trading platform, has announced a partnership with Vakıfbank, Turkey’s second-largest bank, to offer zero-cost deposits for customers in Turkey. This integration allows Turkish customers to deposit Turkish Lira (TRY) directly into their Bitfinex accounts without any fees, marking a significant step in Bitfinex’s expansion in the Turkish market. A strategic partnership […]

US District Court dismisses class action suit against Tether and Bitfinex

US District Court dismisses action suit against Tether and Bitfinex

Chief Judge Laura Taylor Swain of the U.S. District Court for the Southern District of New York issued a thorough, six-page decision on August 4, dismissing the class action lawsuit filed against Tether and Bitfinex by plaintiffs Matthew Anderson and Shawn Dolifka. The lawsuit revolved around allegations that the defendants’ claims concerning the one-to-one backing […]

American couple reach plea deal in Bitfinex case

Bitfinex's owner, iFinex, proposes a $150 million share buyback amid rising regulatory pressures

Heather Morgan and Ilya Lichtenstein, the American duo implicated in the colossal laundering of cryptocurrency plundered from the 2016 Bitfinex hack, have entered into a plea deal. The terms of the agreement have not yet been made public, but both parties are scheduled for a plea hearing on August 3 before Senior Judge Colleen Kollar-Kotelly, […]

Bitfinex launches innovative P2P platform ‘Bitfinex P2P’ in Latin America

bitfinex

Bitfinex, one of the first crypto exchanges, is making significant strides in Latin America with the launch of its peer-to-peer (P2P) platform, Bitfinex P2P. The platform aims to provide financial freedom and inclusion to Venezuela, Argentina, and Colombia users. By directly facilitating the buying and selling of cryptocurrencies such as Bitcoin (BTC), Ether (ETH), Tether […]

Bitfinex forms strategic partnership in Latin America, driving crypto adoption in the region

bitfinex

Bitfinex, the major digital asset platform, has announced its latest partnership in Latin America. In a strategic move aimed at driving widespread adoption in the region, Bitfinex has invested in OrionX, one of Chile’s leading cryptocurrency exchanges. The collaboration between these two dynamic companies will have a transformative impact on the local crypto landscape, focusing […]

Over $850 million in crypto withdrawn from Binance hours before CFTC indictment

More Than $1 Billion in Crypto Withdrawn from Binance, Kraken and Coinbase Hours Before CFTC Indictment

Yesterday, the United States Commodity Futures Trading Commission (CFTC) accused Binance of regulatory violations. However, just before the CFTC accused crypto exchange Binance and its CEO Changpeng Zhao, nearly $1 billion in cryptocurrency reportedly left the platform’s wallets. According to Thanefield Capital’s data research, substantial funds were withdrawn from platforms such as Binance, Kraken, Coinbase, […]

Here are the top five exchanges that are alternatives to Binance

exchange

Binance is the most popular cryptocurrency exchange platform in the world and is also regarded as one of the most secure. It is utilized on a massive scale in every region of the world, and it continues to amass licenses in nations that place use restrictions on it. As can be anticipated, the exchange has plenty […]

2016 Bitfinex crypto hackers shift over USD 7M in BTC from heist

LayerZero and Immunefi Unveil Groundbreaking $15 Million Bug Bounty Program

Hackers are on the rampage again after a bot that monitors huge transactions announced that a large cache of money has left a wallet to four other wallets. In its full report, the bot said that the transactions made were four in number, and it was made on the Bitcoin chain. With the announcement of […]

Bitfinex hackers moved about 2,550 BTC, as Bitcoin geared to $11K

bitcoin

Bitfinex hackers have transferred another portion of Bitcoins (BTC), which was stolen from the cryptocurrency exchange over the past four years. This is the latest transaction of the hackers after they moved a lesser amount by June end. Meanwhile, this transfer came as Bitcoin was moving towards $11,000. Bitfinex hackers moved over $27 million in […]

Crypto lending platform CEO held by Chinese police for presumably illegal activities

crypto lending platform

Crypto lending platform and over-the-counter (OTC) Renrenbit head Zhao Dong, a well-known Bitfinex investor, has been taken into police custody for interrogation. China media reports. According to media outlets BlockBeats and Chainnews, “hearsays” are going around in online communities about Zhao Dong with lots of people declaring that he has been talking into police custody […]

Bitfinex hackers move 800,000 dollars worth of stolen Bitcoin

Bitfinex hackers

Bitfinex hackers have moved another portion of the stolen 120,000 Bitcoin from the hack to another Bitcoin wallet. Whale Alert’s Twitter handle reported that Bitcoin worth nearly 800,000 dollars ($796,638) was transferred from Bitfinex hack to an unknown wallet. The exchange was hacked in 2016 and nearly 120,000 BTC were stolen from the exchange. Bitfinex […]

Bitfinex hack: hackers moved $255,863 worth of Bitcoin in 2016

bitfinex hack

One of the high flying crypto exchanges, Bitfinex who is in business collaboration with USDT parent company, Tether, released a memo that went round in 2016 that it has suffered a hack. The criminals responsible for the Bitfinex hack in 2016 were said to have transferred 120,000 Bitcoins which was worth around $72 million. Recently, […]

AAX teams up with Solidus Labs in the fight against crypto market manipulations

AAX teams up with solidus labs

Institutional level crypto trading outfit, Atom Asset Exchange (AAX) said it has a plan to team up with Solidus Labs as it has plans to use Solidus Labs resources to combat the crypto market manipulations. The exchange website has said that it plans to use Solidus Labs surveillance equipment to monitor the market in relationships […]

Crypto custody services launched by Bitfinex and Koine partnership

Crypto custody services

Bitfinex announced on Wednesday that it had teamed up with Koine to debut the much-anticipated crypto custody services feature to its customers on its platform . With the new development meant to woo large scale investors to their platform, Bitfinex has promised traders and its entire customer base that their assets would be under the […]

Bitcoin futures market soars to highest volume since March market crash

Bitcoin futures market

On April 29, the bitcoin futures market soared, corresponding to the favorable price action that saw BTC break past the $9,000 level. Yesterday marked the busiest day the bitcoin futures market has seen since the mid-March market crash. According to data published by cryptocurrency market analysis firm, Skew, on Wednesday futures trading volume hiked to […]

Global market crash disappointing but Bitcoin value will always improve – Bitfinex CTO

global market crash revised

Global market crash is rattling these past days, but according to Paolo Ardoino, the Bitfinex CTO, there will always be an improvement in the worth of Bitcoin. The failure in the comprehensive central bank policies is due to the outbreak of coronavirus. The European Central’s Bank has responded to this outbreak as a “disappointing” occurrence. […]

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