Tuesday, December 11, 2018

US ‘Investigating’ If Tether, Bitfinex ‘Illegally Moved’ Bitcoin Price to $20K

News Bitcoin’s latest price plunge has coincided with fresh scrutiny of stablecoin Tether and exchange Bitfinex almost a year after both received subpoenas from US...

Bitfinex: New Fee Policy Suggests $30,000 Fee to Withdraw $1 Million

Bitcoin Exchange Cryptocurrency exchange platform Bitfinex recently released an updated fee structure for fiat withdrawals. The twelfth-largest exchange also revealed that it processed more $1...

For Bitfinex Users, Dollar Withdrawals Are Now a Weeks-Long Struggle

Three weeks after being assured that everything was running smoothly, some customers of cryptocurrency exchange Bitfinex are wondering why they still can't withdraw their money. On Oct. 15, the cryptocurrency...

Tether’s Price Has Stabilized, But the Stablecoin’s Supply Is Still Shrinking

In what's become a rarity over the past month, the price of the tether (USDT) stablecoin temporarily regained parity with the U.S. dollar Wednesday. The token traded in the $1.00-$1.01...

The Daily: Nexo to Pay Interest on Stablecoins, Startups Launch Bank Services

In this edition of The Daily, we cover Nexo’s recent decision to pay interest on stablecoin holdings, as well as a project by two Swiss cryptocurrency companies to...

Tether Just Burned 500 Million USDT Stablecoin Tokens

Shortly before 1:00 p.m. ET Wednesday, Tether, the company behind the dollar-linked stablecoin of the same name, announced via Twitter that it had destroyed 500 million tether (USDT) tokens. Previously,...

CoinMarketCap Excludes Some Tether Data After Clarification by Bitfinex

CoinMarketCap, the most-visited aggregator of cryptocurrency market data, has changed the way it uses data from the Bitfinex exchange in response to a report by CoinDesk. On Tuesday, CoinDesk pointed...

Bitfinex Took 630 Million Tether Out of Circulation After Drop Below $1

Bitfinex is sending massive quantities of tether tokens back to the vaults. The cryptocurrency exchange has overlapping management and owners with Tether Ltd., the company that issues a dollar-linked cryptocurrency...

Emma Integrates Crypto Exchanges into Money Management App

Emma, a London-based startup firm specializing in money management services, has launched cryptocurrency exchange integration for its new app. The platform, which the company describes as a kind...

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British Crypto Exchange CEX.IO Now Requires Identity Info From Users

United Kingdom-based cryptocurrency exchange CEX.IO now requires its users to disclose their identities, financial trading news outlet Finance Magnates reported Dec. 11.Established in 2013,...

Spanish Ruling Party to Introduce Regulation on Blockchain, Crypto

Spanish ruling party Partido Popular (PP) will introduce a draft bill on cryptocurrencies and blockchain regulation in a few days, local newspaper La Vanguardia...

‘The Drug Is Gone’: Mike Novogratz Compares Current Bitcoin Markets to ‘Methadone Clinic’

Mike Novogratz compared current cryptocurrency  market performance to a “methadone clinic” in an interview with Bloomberg Dec. 11.During the interview, Bloomberg asked Novogratz how...