Bitfinex

Launch of Burn Mechanism Will See iFinex Revenues Used To Buy Back Tokens Bitfinex is proud to announce the launch of the UNUS SED LEO Transparency Initiative, built around a real-time token burn redemption mechanism.   The UNUS SED LEO token was launched on May 22nd following a successful 1bn...

The cryptocurrency sell-off continued Tuesday after Bloomberg reported the U.S. Department of Justice and the U.S. Commodity Futures Trading Commission are investigating cryptocurrency market price manipulation. What Happened The DoJ and the CFTC have been coordinating on a criminal probe of...

The cryptocurrency sell-off continued on Thursday as fears about the legitimacy and stability of the cryptocurrency markets continue to grow. One of the primary players in this week’s jitters: Bitfinex, a a popular cryptocurrency exchange. Subpoenas Arrive Bloomberg reported Tuesday...

What Happened Bitcoin and peers plunged Tuesday on revelations that the U.S. Commodity Futures Trading Commission subpoenaed Bitfinex, a cryptocurrency exchange, and Tether, issuer of a widely-used coin allegedly backed in dollars, in early December. The entities, which share a CEO, came under...

Earlier this week, 119,756 bitcoins were stolen in a hack from the Hong Kong-based cryptocurrency exchange Bitfinex. The hack marks the second largest security breach of a digital currency exchange, and the value of the stolen currency exceeds $70 million, representing roughly 0.75 percent of all...

It has been a great year for merchant adoption with companies like Dell, DISH, Overstock, Expedia and Tiger Direct accepting bitcoin … but it's been a rough year for bitcoin investors. Bitcoin on Monday hit $435, its lowest level since May. It has dropped about 60 percent from...