Tag: Bitfinex
Bitfinex Hack: What Happened, Who Did it and What’s the Latest?
Ah 2016: seems like a long time ago, doesn’t it? After the trauma and turmoil of the last few months, it’s easy to forget that the world started going crazy long before Covid-19 pitched up. In some future rundown of...
What is Tether (USDT)? Overview of the Controversial Stablecoin
There’s a certain irony in Tether… It’s a stable coin that, at any moment, could snap. Cryptocurrency traders need stability. Hell, everyone needs a bit of stability — especially those of us in all things Bitcoin and blockchain. Traditionally we...
What is the USDC? Complete Beginners Guide to the USD Stablecoin
There has been quite a bit of press recently around the launch of the USD Coin which is a stablecoin that is a collaberation between Circle and Coinbase. The stablecoin market is one of the most interesting ecosystems in the...
Cryptocurrency Spoofing: How Bitcoin Whales Fool Markets
Cryptocurrency spoofing has now come into the spotlight. What was once an underground tactic that was used by large whales and algorithms to manipulate the market has now gained the attention of the CFTC and US regulators. It has also...
Kraken Updates Platform & Introduces New Pairs: Turning the Corner?
Kraken Exchange used to be one of the foremost cryptocurrency exchanges in the world. However, this image has taken quite a knock recently as the platform has struggled to meet demand and user experience suffered. There was also the fallout earlier...
Printing on Tether Moves to ETH in Anticipation of EthFinex
Since the announcement that US regulators were looking into Tether and Bitfinex, we have seen a drop in the amount of USDT been printed as the large machine has remained quite silent. However, in anticipation of the roll-out of the...
The Tether and Bitfinex Drama Continues: Auditor Pulls Out?
Throughout 2017, there were three potentially massive concerns facing the cryptoverse: 1) government crackdowns on cryptocurrency users, 2) the fallout of Bitconnect collapsing, and the popping of Tether if the project really is fraudulent. Image via Currency Echo For those...
Bitfinex to Suspend Trading in Chain Splits Tokens
Today, Bitfinex has announced that they would suspend the trading of all Bitcoin Chain Split Tokens (CSTs). Below is the tweet that made it clear: We will be suspending trading in all Chain Split Token (CSTs) at 23:30:00 UTC as...
Could a Trading Bot be Behind the Coinbase Pricing Discrepancies?
This was a really interesting week in the wild west of the cryptocurrency markets. One of the most interesting developments was the release of Bitcoin Cash on Coinbase and the ensuing market rally that led to numerous allegations. Many people...
Bitfinex Suffers from “Massive” DDOS Attacks
It has been quite a tough past few weeks for Bitfinex. The exchange has suffered a lot of negative press around its involvement with Tether. This came on the heels of Bitfinex officially exiting the US market because of the...
