Bitfinex


Markets

NY AG’s $850M Probe of Bitfinex, Tether Ends in an $18.5M Settlement

In a closely watched case with wide-ranging implications for the crypto market, Tether has admitted no wrongdoing and will provide reports on USDT’s reserve composition for two years.

New York Attorney General Letitia James. The NYAG's office settled a long-running investigation into Bitfinex and Tether.

Markets

A Sudden Loss of Faith in Tether Would Pose Risk to Bitcoin, JPMorgan Says

"If any issues arise that could affect the willingness or ability of both domestic and foreign investors to use USDT, the most likely result would be a severe liquidity shock to the broader cryptocurrency market," the report says.

(Shutterstock)

Policy

SEC Should Monitor Tesla's Elon Musk for Market Manipulation: Roubini

The NYU economist also warned bitcoin could "collapse" if Tether and Bitfinex are indicted this year.

nouriel roubini

Markets

Bitfinex Says It Repaid Tether for $550M Loan at Center of NYAG Probe

Bitfinex says early Friday it repaid fully of the loan to Tether.

bitfinex, tether

Markets

Tether Just Won't Go Away. Does the Crypto Market Care?

As the crypto market continues to rally, an old debate reignites on whether the most important stablecoin in trading is really stable.

Tether Chief Technology Officer Paolo Ardoino. Tether issues the USDT stablecoin.

Markets

Bitfinex Says It's Nearly Done Turning Over Documents to NYAG

The document production process has already stretched over a year.

New York supreme court

Markets

Tether Mints Record 2B USDT in One Week

The previous record of 1.5 billion USDT was set the week before last.

Weekly USDT supply growth since 2017

Markets

New York Attorney General Says Bitfinex, Tether Could Complete Loan Document Handover in 'Weeks'

The NYAG has said Tether and Bitfinex have been cooperating in its inquiry, which is expected to progress more quickly once the documents are provided.

New York Supreme Court

Markets

Over $26M Worth of Bitcoin Associated With 2016 Bitfinex Hack Is on the Move

The seven transactions involved in the movement of these funds on Wednesday were flagged by Twitter-based blockchain tracker bot Whale Alert.

Bitfinex

Markets

New Non-Custodial Crypto Exchange 'Brings Bitfinex Liquidity to EOS'

Eosfinex has launched a beta version of its mainnet, saying it brings liquidity from the Bitfinex cryptocurrency exchange to the EOS community.

liquid blue water