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Op Ed: A Summary of

In the latest on the ongoing legal dispute between the New York Attorney General (NYAG), cryptocurrency exchange Bitfinex and stablecoin issuer Tether, the New York Supreme Court has modified an April 24, 2019, preliminary injunction and now Bitfinex is allowed to continue using the Tether reserves that were loaned to it to maintain its ordinary course of business, such as paying employees and consultants. дальше »

2019-5-18 22:14


Bitfinex raised $1 billion in 10 days by selling a token redeemable for Tethers

Embattled cryptocurrency exchange Bitfinex raised $1 billion in 10 days with an initial exchange offering (IEO), money it hopes will alleviate concerns of its financial stability. Bitfinex CTO Paolo Ardoino tweeted Monday that private firms, both inside the cryptocurrency sector and out, had contributed more than $100 million each throughout the fundraising. дальше »

2019-5-14 16:09


Bitcoin Price Slingshot Will Follow Bitter Struggle Near $6,000: Mike Novogratz

By CCN: After hitting a new 2017-high, bitcoin price could struggle around $6,000 before moving higher, according to Mike Novogratz. The billionaire chief executive officer of Galaxy Investment Partners LLC said bitcoin was the only store of value while the rest of the cryptocurrencies still had to prove their particular use-cases. дальше »

2019-5-9 14:05


Could the Tether (USDT) Situation Possibly Help Binance Coin (BNB) Gain?

After a cover-up by Tether (USDT) and Bitfinex was unearthed, the crypto market lost over $10 billion in market cap as Bitcoin and other altcoins had their values noticeably reduced. However, even though most of the top cryptos experienced significant reductions in value, the Binance Coin (BNB) continued to trade in the green, increasing up […] The post Could the Tether (USDT) Situation Possibly Help Binance Coin (BNB) Gain? appeared first on ZyCrypto. дальше »

2019-4-27 15:38


Ethereum [ETH] and Tron [TRX] Price Analysis: Tether-induced bearish swing fails to oust coins from green

The collective market had seen a bearish flash-fire clawing down the collective market to under $170 billion for the first time since March. Since then, correction forces raged, leading to a resurgence over the mark, spearheaded by Ethereum [ETH] and Tron [TRX], the two biggest gainers in the top-12, marginally albeit. дальше »

2019-4-27 11:30


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Bitfinex Faces Legal Action From NY Attorney General: Here’s What This Means

The New York Office of the Attorney General (AG) wants to take a closer look into the business operations of Bitfinex and related stablecoin issuer Tether (USDT). According to a legal petition filed with the Supreme Court of New York, the NY Attorney General Office of Letitia James is applying for a court order to investigate Bitfinex’s suite of interrelated companies (including its umbrella firm iFinex and Tether Holdings Limited) for “ongoing fraud” to the tune of $850 million. дальше »

2019-4-27 01:30


Bitcoin at $5500; Market Cap Heads Towards $100 Billion, BTC Sets Out For The Nearest Resistance Levels

The big bull has made the long-anticipated climb and traders are more than excited about this outcome. The past 24hrs had Bitcoin hitting another very significant milestone, one that will go on to largely contribute to BTC’s possibility of making yet another breakout in trading price, and this is expected to happen sooner than later. дальше »

2019-4-23 12:00