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Bitfinex Announces LEO Token Distribution After $1 Billion Private Investment

Crypto-exchange Bitfinex continues to move on from last month’s Tether cover-up accusations, announcing the distribution of its new utility token. Parent iFinex, who raised $1 billion through the private offering, will list the token on the exchange from Monday. Bitfinex: Another Cryptocurrency Exchange Utility Token…

Binance Relaunches With $1.2M Giveaway Following System Upgrade

Cryptocurrency exchange Binance is preparing to leave its $40 million hack behind it, confirming it had relaunched most of its service May 15. Binance Goes Live (Again) Only around one week after hackers managed to circumvent security mechanisms in what CEO Changpeng Zhao said was…

Hacked Crypto Exchange Cryptopia Opts For Liquidation

Hacked cryptocurrency exchange Cryptopia has appointed liquidators as executives warn of an investigation lasting “months rather than weeks.” Meanwhile, Binance is undergoing a major upgrade. Cryptopia Users Brace For Long Haul In a press release May 14, accounting firm Grant Thornton confirmed it was overseeing…

Why We Should Never Hope For A Central Bank Of Bitcoin

Bitcoin economist, Tuur Demeester, explains why the idea of a ‘Central Bank’ of Bitcoin would create more problems than it would solve.   Bitcoin Exchanges Similar To Early US Banking System In the wake of the Binance hack and Bitfinex/Tether debacle, are crypto exchanges becoming…

Bitfinex Secures $1 Billion From Private Investors

Bitfinex, the embattled cryptocurrency exchange, says it raised about one billion in USDT from private investors even amid accusations that the company and Tether covered up losses to the tune of $850 million. Bitfinex: Investors Trust us, We Need Not Brag Paolo Ardoino, the chief…

EBay Ads Tell World It Will (Finally) Accept ‘Virtual Currency’

Cryptocurrency users were celebrating fresh rumors about a major adoption push this week after hints suggested eBay might accept Bitcoin and altcoins. eBay: ‘Virtual Currency Is Happening’ According to photographs of marketing material from the ongoing Consensus 2019 conference in New York, eBay, which has…

Bitcoin’s Liquid Sidechain Makes a Splash on Bitfinex

Embattled Bitfinex has announced the integration of Blockstream’s Bitcoin sidechain, the Liquid Network. The upgrade is already seeing users impressed with faster and more private transactions.  Bitcoin Liquid Integrated At Bitfinex One of the biggest cryptocurrency exchanges in the world, Bitfinex, has announced the integration…

Top 5 Biggest Crypto Exchange Heists in History

The news of the Binance hack left the cryptocurrency industry rattled. Although, it turns out that a massive $40 million’s worth of BTC doesn’t even register this heist among the worst. Check out the five biggest exchange hacks in crypto history. The 5 Biggest Exchange…

Binance Hackers Stole Only Bitcoin For This One Important Reason

Hackers stole $40 million in Bitcoin from cryptocurrency exchange Binance specifically because they trusted it most. ‘Bitcoin Ledger is the Most Immutable’ That was the conclusion circulating among the cryptocurrency community May 8 in the days after one of the world’s biggest trading platforms accepted…

Binance Survey Reveals 65% Would Donate to Anti-Craig Wright Legal Fund

Two-thirds of cryptocurrency users would back a fundraising initiative to help those being sued by self-proclaimed Bitcoin creator Craig Wright. Zhao Scheme Gets Majority Support In a survey, Changpeng Zhao, CEO of cryptocurrency exchange Binance, asked followers whether they would back his plan to use…