2019-7-25 12:00 |
Bitfinex says it won't sell its LEO tokens to U.S. investors. But two such entities bought the asset via third parties.
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Bitfinex LEO Token has been rallying in the past week, as U. S. authorities allegedly captured the bad actors that took over 100,000 BTC from the platform back in 2016. LEO was created as a utility token as part of a mechanism to compensate the victims of the attack and repaid them for their losses.
Bitfinex LEO token has now moved up in the market cap rankings where it now sits in tenth place among the family of digital assets. This achievement, while impressive, also reflects the significant variance in both utility and design among the top cryptocurrencies.
Binance Launchpad pioneered the IEO, but it’s not the undisputed leader. Can high ROIs keep it on top? Binance Launchpad is single-handedly responsible for popularizing Initial Exchange Offerings, or IEOs.
iFinex, the company behind Bitfinex, is under more pressure after the New York State Supreme Court judged that the exchange was in the New York Attorney-General’s (NYAG) Office’s jurisdiction. But that isn’t getting in the way of business: yesterday, Bitfinex completed its burn of nearly 40,000 LEO tokens (US$53,600), as part of a continuous process […] The post Bitfinex Feels The Heat, But LEO Is Burning As Planned appeared first on Crypto Briefing.
Криптовалютная биржа Huobi намерена с этого месяца обновить подход к сжиганию токенов Huobi Token (HT): предполагается, что теперь две трети подлежащих уничтожению токенов будут поступать из резервов команды проекта, а остальные – с открытого рынка.
Bitfinex was dragged into a controversy with Tether, the largest stablecoin, where the exchange was allegedly covering a loss of $850 million with Tether funds. The situation escalated in the community and Tether ended up dropping down to $0.