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Bitfinex Partnered With at Least 6 Different Banks During 2018

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22 months since Wells Fargo suspended the processing of withdrawals sent by four Taiwanese banks that service Bitfinex, the platform remains among the top 20 exchanges by adjusted volume. While Bitfinex hosted more than $5 billion in trade this past month, the exchange has struggled to establish reliable banking partners, with traders seeking to deposit … Read more

PR: Optherium Launches a Global Finance Blockchain Infrastructure

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Traditional fiat institutions and cryptocurrency exchanges alike have been troubled by theft, slow transaction speeds and data security. For crypto holders, a lack of asset usability with existing solutions has caused widespread annoyance and kept potential adopters away. Enter Optherium, a global fintech company and member of the Linux Foundation, Hyperledger, and the Crypto Valley … Read more

Bitfinex Strongly Refutes Insolvency Claims

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Bitfinex has vigorously refuted claims that it and its Tether stablecoin are on the brink of insolvency. Rumors have surrounded the opaque exchange for over a year, but have intensified in the past month. “Bitfinex is not insolvent, and a constant stream of Medium articles claiming otherwise is not going to change this,” asserts a … Read more

European Banks Complicit as Corrupt African Leaders Plunder Their Home Economies

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European banks have allegedly been complicit as corrupt African leaders pilfer the wealth of their economies in the billions of dollars. The Angolan government on Monday arrested the son of ex-president Jose dos Santos for stealing $500 million from the country’s sovereign wealth fund, with the help of a British bank. It is only a … Read more