tether

Bitfinex Cryptocurrency Exchange published the whitepaper LEO token, with which it intends to raise $ 1 billion during the initial exchange offer (IEO). It is expected that this amount will allow to fill the previously formed deficit of $ 850 million – the site operator will redeem tokens monthly for an amount of 27% of the profits. Private stage tokenseyl end May 11. If by this time […]

Already known to the community shareholder Bitfinex Zhao Dong again shared exclusive information about the exchange. Thus, according to him, the net profit of the trading floor in 2018 was $ 404 million, and shareholders received dividends totaling $ 261 million, reports 8btc with reference to correspondence in the Chinese messenger WeChat. Note that the staff of the exchange does not exceed 90 people. […]

The New York State Attorney’s Office, represented by Leticia James, appealed to the State Supreme Court to reject the Bitfinex attorney’s request to cancel the earlier court order. So, James is confident that the current situation does not affect the functioning of the company as a whole, but does not allow it to receive further loans from Tether Limited and protects users from […]

Bitfinex, a Hong Kong cryptocurrency exchange, intends to raise $ 1 billion through LEO tokens. In the private round of tokensail, the verbal obligations of investors to the site have already reached $ 600 million, reports The Block, citing one of the major investors Zhao Dong. So, Bitfinex allegedly intends to allocate a monthly 27% of the profits for the purchase of LEO tokens. Given the financial […]

According to the observations of Twitter user Andrew Rennhack, during the week the contents of the cold Ethereum wallet of the Bitfinex exchange decreased by 40%. Bitfinex ETH coldwallet has declined by 40% in the past week. 800k ETH or $ 150M has left. There is only 1.1M ETH left or ~ 180M USD left at current ETH prices (…

Two Bitfinex investors reported that the allegations of losing $ 850 million of client and corporate funds put forward by the Prosecutor General of New York did not cause them to worry about the future of the trading platform. It is reported by CoinDesk. So, Bitfinex share holder Zhao Dong, in a conversation with the publication, said that he was “supportive” in relation to Bitfinex and the issuer Tether affiliated with it. Earlier […]

The issuer of the Stablecoin Paxos, in partnership with the Ontology platform, will release up to 100 million PAX tokens tied to the American dollar in a 1: 1 ratio, CoinDesk reports. Stablecoins on the new blockchain will be launched next month. According to representatives of Ontology, these tokens will increase the efficiency of transactions to individuals and business structures. Coin Paxos Standard (PAX) was released in September last year. On […]