New Report Ousts Bitfinex’s Plans of Raising $1 Billion in Bizarre ‘Initial Exchange Offering’

2019-4-30 05:30

Embattled cryptocurrency exchange Bitfinex is reportedly planning to raise $1 billion worth of Tether (USDT) in what they’re calling an ‘initial exchange offering – although it has some bizarre traits that differentiate it from other IEOs we’ve seen on Huobi and Binance in the past.

The report comes courtesy of Dovey Wan on Twitter: “BREAKING […].

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Kraken Publicly Asks: Is It XRP or ‘Ripples’?

Confusion continues in the cryptocurrency industry over altcoin Ripple (XRP) after US exchange Kraken publicly asked for help with naming it. 1 Ripple, 2 Ripples? No One Knows The latest episode in a series of bizarre events over XRP token and its notional issuer Ripple, Kraken CEO Jesse Powell appealed to the company’s CTO David Schwarz after it became unclear what ‘XRP’ actually stood for.

2018-12-31 01:00