Bitfinex

The New York State Supreme Court upheld restrictions on the use of Tether Limited’s reserves for the investment activities of other companies, in particular the Bitfinex cryptocurrency exchange. This is stated in the relevant order on the website of the court. According to the court’s decision, Bitfinex cannot use Tether’s assets for lending or for other needs, “unless the usual business procedures require it.” […]

On Thursday, May 16, bitcoin quotes reached a ten-month high at $ 8,390 [Bitstamp], but then a sharp correction began, the goal of which could be $ 7,619, says CoinDesk Markets analyst Omkar Godboul. To cancel the corrective movement, the bulls need to raise the price above $ 8,000. However, over the past 48 hours, Bitcoin has twice failed to consolidate above the mentioned psychological […]

The parent company Bitcoin Exchange Bitfinex has received from investors binding and non-binding confirmations for the purchase of the entire LEO token offer worth $ 1 billion, reports CoinDesk. “Bitfinex is not likely to conduct a public sale of LEO coins,” Zhao Dong, owner of a share in Bitfinex, who is also the founder of DGroup and an OTC trader well-known in China, wrote in WeChat. Non-binding confirmation […]