Over 10,000 blacklisted BTC from 2016 Bitfinex hack on the move
While the hacker will find selling their BTC difficult, the transfers may be contributing to a volatile day in the markets. Go to Source Powered by WPeMatico
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Bitcoin Price Taps New All-Time High, Analyst Says ‘Fertile Grounds for BTC to Take a Fresh Leg Up’
The price of bitcoin has crossed a new all-time high (ATH) on Tuesday, as the leading crypto asset has jumped to $63,275 per unit during the early morning trading sessions (EST). At the time of publication, the entire market economy with over 9,203 cryptos is valued at $2.153 trillion with $164 billion in global trade … Read more
Tether market cap surpasses $40B, growing 10x over 12 months
The market’s leading stablecoin, USDT, reached another major milestone as crypto demand continues to grow. Go to Source Powered by WPeMatico
Bitcoin price slides 5% after failing to break $60K — Here’s why
BTC dropped below $56,000 on Sunday as several bearish signs emerged. Go to Source Powered by WPeMatico
Bitfinex users can now paper trade their custom algo strategies
Honey Framework users have more than tripled, according to Bitfinex. Paper trading allows them to test their strategies without risking real capital. Go to Source Powered by WPeMatico
Stablecoin Issuer Tether Says It Is a Victim of a 500 BTC Ransom Demand Infoleak Threat
Just days after the conclusion of its long-running feud with the Office of the Attorney General of New York, Tether says it is now a victim of an extortion attempt. According to the stablecoin issuer, the blackmailers are threatening to release documents they claim “will harm the bitcoin ecosystem” if their demand for the payment … Read more
Law Decoded: Loose ends and long dramas, Feb. 19–26
Longstanding sagas in crypto saw major plot development and even a conclusion or two in this week’s newsletter. Go to Source Powered by WPeMatico
Bitfinex and Tether Fined $18.5M in Settlement With NY Attorney General, Both Firms Barred From Trading in the City
Bitfinex and Tether have been banned from operating in New York and must pay a fine of $18.5 million as part of a settlement with the New York Attorney General’s (NYAG’s) office over a case dating back to 2019. In a statement on Tuesday, NY Attorney General Letitia James accused the two entities of hiding … Read more
Tether to report reserves and pay $18.5M fine after settlement with NYAG
New York regulators are forcing Tether to be fully transparent about its reserves, at the cost of not serving New York residents. Go to Source Powered by WPeMatico
Bitcoin ‘ascendant’ as GameStop saga unfolds, Bitfinex CTO says
The GameStop short squeeze and Bitcoin have a lot more in common than appears at the surface, according to Paolo Ardoino. Go to Source Powered by WPeMatico
