Bitstamp cryptocurrency exchange set up its own node for the Lightning Network, encouraging more participation from the industry. European crypto exchange Bitstamp has set up its own Lightning Network (LN) node to boost the network’s capabilities, the company tweeted on July 8. As a second layer over the blockchain of the biggest cryptocurrency, bitcoin (BTC), […]
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Bitfinex reached $12,040 in Monday trading, despite analysts agreeing lower prices should appear. Bitcoin price (BTC) reached $12,000 on some exchanges on July 8 after a fresh uptick saw daily gains top another 6%. Market visualization courtesy of Coin360 Data showed BTC/USD just hit its latest significant psychological level in trading at press time, having […]
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Tether’s influence is high despite numerous controversies, but it may pose a threat to the crypto asset market… There is perhaps no other crypto asset more subject to scrutiny and accusations of impropriety than the Tether stablecoin. The startup behind the coin has been blamed for market manipulation while its business dealings and accounting practices […]
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Half of the top-30 crypto exchanges try to avoid dealing with U.S., despite it being one of the biggest markets. America is the land of opportunity, so long as you don’t happen to be a cryptocurrency exchange. For several years now, a number of prominent exchanges have opted not to serve U.S. citizens; in fact, […]
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Cryptocurrency exchange Bitfinex announced that it repaid $100 million of outstanding loan facility to stablecoin operator Tether. Cryptocurrency exchange Bitfinex announced that it repaid $100 million of outstanding loan facility to stablecoin operator Tether in a post on its official blog on July 2. Per the announcement, Bitfinex made the repayment via wire transfer to […]
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Bitcoin blockchain infrastructure firm Blockstream has launched a new tool allowing to execute atomic swaps on the Liquid network. Blockchain infrastructure firm Blockstream has launched a new tool that allows users to execute atomic swaps for all assets supported by the Liquid network, according to an announcement published on July 1. The Liquid Network is […]
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As Israel arrests hackers with military training over the Bitfinex hack, CT talks with cybersecurity experts about the infamous cyber attack. One of the most prominent crypto cybercrimes in recent years took a dramatic turn on June 23, when two Israeli brothers were arrested in connection with the 2016 Bitfinex hack and other crypto-related phishing […]
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Crypto investment firm Maple Leaf Capital noted that Ampleforth, the token recently released in Bitfinex’s first Initial Exchange Offering, is not stable. Cryptocurrency investment firm Maple Leaf Capital called ampleforth (AMPL), the token recently released in the first Bitfinex’s Initial Exchange Offering, “anything but stable” in a series of tweets published on June 27. While […]
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CoinMarketCap and major crypto exchanges are pushing to improve liquidity, strengthening the long-term growth trend of the sector. In May, crypto market data provider CoinMarketCap requested all exchanges in the global exchange market disclose accurate data in a move to improve transparency of the information displayed on the platform. CoinMarketCap declared an ultimatum to all […]
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Singapore-based cryptocurrency exchange Bitrue has suffered a major hack, losing 9.3 million XRP and 2.5 million cardano (ADA) from its hot wallet. Singapore-based crypto exchange Bitrue has suffered a major hack, losing 9.3 million XRP and 2.5 million cardano (ADA) from its hot wallet. The news was revealed in an official statement from the exchange […]
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