Bitfinex Scoffs at Tether Market Manipulation Lawsuit: Bittrex and Poloniex File for Summary Judgment

Bitfinex says the second attempt by plaintiffs to frame the bitcoin manipulation complaint will fail just like the first attempt. The Bitfinex comments follow a notice by Bittrex and Poloniex disputing claims that they knew about the alleged market manipulation by Bitfinex. In June, the plaintiffs namely, Matthew Script, Benjamin Leibowitz, Jason Leibowitz, Aaron Leibowitz … Read more

Tether Prints $300 Million, While XRP Reclaims Third Spot

Tether Ltd printed a total of USDT 300 million Wednesday and this brought the total coins created to 540 million in the last three days alone. The latest USDT printing will see the top stablecoin’s market capitalization significantly passing the $10 billion mark. Responding to a whale alert twitter post, however, Paolo Ardoino the CTO … Read more

Hackers Transfer $28 Million Worth of Bitcoin from 2016 Bitfinex Breach

Around 2,500 stolen bitcoins ($28 million) from the 2016 Bitfinex breach were transferred from the hacker’s wallet on Monday. The last time the Bitfinex hackers moved funds from the hack four years ago, they moved around $5 million worth of coins on June 24. This time around, the top crypto asset by market capitalization touched … Read more

Bitfinex Must Face New York’s Accusations Over the Loss of $850M in Co-Mingled Funds

The popular digital currency trading platform, Bitfinex must deal with the New York Office of the Attorney General (NYAG) over the alleged hiding of over $800 million in client and corporate funds. The NY state Supreme Court’s Appellate Division overruled an appeal on Thursday, after the company put forth the argument that tether (USDT) was … Read more