Cryptocurrency exchanges Bitfinex and EOSFinex announce that they successfully “chainswapped” 5 million USDT onto the EOS protocol. Cryptocurrency exchange Bitfinex in conjunction with EOSFinex, its decentralized trading platform, have announced that they had successfully completed a “chainswap” to convert $5 million worth of Tether (USDT) stablecoins onto the EOS blockchain protocol. According to a press […]
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Stablecoins backed by fiat money — what is their goal and which ones do investors prefer and for what uses? Stablecoins attempt to be fiat currencies among cryptos. They can be a medium of exchange, a means of storing value and a unit of account. Unlike other digital coins, stablecoins are tied to some kind […]
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Tether and its affiliate exchange Bitfinex announce that they are prepared to fight lawsuits alleging that USDT is involved in market manipulation. Stablecoin firm Tether and its affiliate exchange Bitfinex anticipate a lawsuit alleging that Tether token (USDT) is involved in market manipulation as the result of an unpublished paper. Tether and Bitfinex to defend […]
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As cyber security becomes prevalent in the crypto space, can major insurance companies provide users with a much-needed safety net? The growth in popularity of cryptocurrencies has, in many ways, outpaced the infrastructure built to support it. In terms of security, cryptocurrency exchanges that serve both as a marketplace and a store of the digital […]
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Blockchain-based games distribution platform Ultra has announced that its first three block producers are Bitfinex, EOS Rio and EOS New York. Blockchain-based PC games distribution platform Ultra.io has announced on Oct. 2 that its first three block producers (BPs) are Bitfinex, EOS Rio and EOS New York. All three future network maintainers are EOS BPs […]
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RenrenBit CEO Zhao Dong speaks about Tether’s yuan-backed stablecoin and its impact on Bitcoin and crypto startups in China. In late August various crypto media reported that Tether planned to issue a Chinese yuan-backed stablecoin. Bitfinex shareholder Zhao Dong told ChainNews that the stablecoin would be called CNHT and be held in offshore accounts. Zhao […]
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There’s a sea of red across the crypto universe. Do any of the top performers offer a buying opportunity? Let’s study the charts. Chinese fintech stocks have surged this year on hopes that the launch of a digital currency by the People’s Bank of China will increase demand for security and payment services. Morgan Creek […]
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Binance’s decision to re-enter the Chinese crypto market seems to make a lot of sense to many experts operating within this space. In what is being considered a major step forward for Binance, CEO Changpeng Zhao (aka CZ) recently announced that his firm was all set to make its first strategic investment in China since […]
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Crypto exchange Bitfinex is relaunching its IEO platform with Kim Dotcom’s Bitcoin-integrated KIM token as the first offering. Cryptocurrency exchange Bitfinex has announced the relaunch of its Initial Exchange Offering (IEO) platform Tokinex as Bitfinex Token Sales and will offer the token of P2P digital content and monetization blockchain K.IM on October 22. The news […]
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The team behind Ethereum Classic has activated the Atlantis hard fork, aimed at improving the altcoin’s functionality and compatibility with Ethereum. The team behind Ethereum Classic (ETC) has activated the Atlantis hard fork aimed at the improvement of the altcoin’s functionality and compatibility with Ethereum (ETH). The news was announced in a Twitter post by […]
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