Markets Update: SEC Adds a Brief Market Spike — But Will It Last?

Cryptocurrency markets are steadily coasting along after suffering from some volatile low swings last week. Over the past 24 hours, most cryptocurrencies are still in the red nurturing losses between 1-3 percent, and a few are in the green by a few percentages. At the time of publication, the price of bitcoin cash (BCH) is … Read more

Researchers Claim Tether and Bitfinex Manipulated the 2017 Bitcoin Price Surge

Rumors regarding Bitcoin and price manipulation have been present for quite some time. It seems things are accelerating in this regard, with multiple investigations taking place as of right now. A new study indicates that Tether may have been involved in market manipulation in more ways than one. The Tether Controversy Continues Most cryptocurrency enthusiasts … Read more

New Report Blames Tether for Bitcoin’s Bull Run

Tether is back in the news thanks to a new report alleging it played a pivotal role in bitcoin’s mega-bull run last year. This isn’t the first time the dollar-pegged stablecoin has been blamed for market manipulation, but is the most compelling evidence to date that 2017’s record highs may not have been entirely organic. … Read more

Bitcoin Price Fell by 2% Due to Brief Bitfinex DDoS Attack

Exchanges are an important cog in the machine that is cryptocurrency. Despite their centralized nature, consumers and speculators rely heavily on these platforms on a daily basis. For Bitfinex users, there was a slight scare on Tuesday when trading was halted for a short while. Another Issue for Bitfinex Although cryptocurrency exchanges have seen their fair … Read more

Bitfinex Exchange Resumes Trading After DDoS Attack

Bitfinex announced that it has resumed its trading services after containing a distributed denial of service (DDoS) attack on Tuesday, June 5. The exchange first suffered issues with its trading engine which caused it to go offline briefly, and after fixing the issue, it was operational again. However, after less than an hour of activity, … Read more