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Joseph Lubin on Bitfinex: It Seems Like a Really Big Mess That Probably Won’t Get Better

May 9, 2019cashtechnews

Joseph Lubin, founder of blockchain tech company ConsenSys, said that the situation with cryptocurrency trading platform Bitfinex will not likely get better. Joseph Lubin, founder of blockchain tech company ConsenSys, expressed his pessimism regarding the recent situation with cryptocurrency trading platform Bitfinex, Bloomberg reported on May 9. Speaking at the Fluidity Summit conference, Lubin said […]

Nouriel Roubini at Salt Conference in NY: Crypto Is the Mother and Father of All Bubbles

May 9, 2019cashtechnews

Economist and notorious cryptocurrency critic Nouriel Roubini said that “cryptos is the mother and father of all bubbles.” Economist and notorious cryptocurrency critic Nouriel Roubini said that “cryptos is the mother and father of all bubbles” at the Salt conference in New York. CNBC reported on Roubini’s declarations on May 9. During the conference, Roubini […]

Libra Project: Facebook Stablecoin Aims to Conquer Online Payments Market, Reports Suggest

May 9, 2019cashtechnews

More on Facebook’s potential expansion into crypto. Facebook’s potential expansion into crypto has been widely discussed in the past few months. Although the social media giant has not confirmed anything beyond having a blockchain department, new details about its digital token project continue to surface. Most recently, the Wall Street Journal (WSJ) reported that Facebook […]

Eight People Allegedly Arrested for Money Laundering Scheme Involving Crypto in Spain

May 8, 2019cashtechnews

Eight people have been arrested for allegedly operating a money laundering scheme involving cryptocurrencies. In Spain, eight people have been arrested for allegedly operating a money laundering scheme involving cryptocurrencies, Europol announced in a press release on May 8. Per the release, the group laundered money by exchanging fiat currency to crypto assets. The individuals […]

Bitstamp to Expand US Operations by Hiring Former Coinbase Exec Hunter Merghart

May 8, 2019cashtechnews

European crypto exchange Bitstamp hired a former Coinbase and Barclays executive as head of United States operations. European crypto exchange Bitstamp has appointed a former Coinbase executive as head of United States operations, Finance Magnates reports on May 8. Bitstamp, an entrant of the top 50 crypto trading platforms by daily trading volume, has hired […]

New York Judge Criticizes Attorney General Claims Against Bitfinex, Tether

May 7, 2019cashtechnews

Judge Joel M. Cohen refused to dismiss the court order entirely, but took aim at the “amorphous and endless” nature of its accusations. The New York Attorney General cannot bring the full force of its court order against cryptocurrency exchange Bitfinex and stablecoin Tether (USDT), cryptocurrency news media outlet CoinDesk reported, quoting a judge on […]

Tether, Bitfinex Stay Afloat Amid Controversy

May 7, 2019cashtechnews

Tether, Bitfinex fight back against New York attorney general’s legal claims, as the stablecoin maintains stability. Tether has been one of the most controversial topics in the cryptocurrency community over the last two years — and things have come to a head over the past few weeks. The wider crypto community has been skeptical of […]

ConsenSys Announces Major Restructuring as Longtime Executive Kavita Gupta Steps Down

May 7, 2019cashtechnews

The Ethereum startup is hoping to galvanize itself following a difficult period amid plans to raise $200 million. New York-based blockchain company ConsenSys is restructuring its various operations to shore up its market presence as it seeks $200 million in funding, a press release confirmed on May 6. In a move which will also see […]

Bitfinex’s Price for Bitcoin, $300 Higher than Market Rate, Excluded from CoinMarketCap

May 6, 2019cashtechnews

CoinMarketCap’s website explains that prices can be manually excluded from its bitcoin average if it “does not seem indicative of a free market price.” Market data resource CoinMarketCap (CMC) has excluded Bitfinex’s price for bitcoin (BTC) from its global average, its website showed on May 6. The embattled exchange’s BTC price was $5,986.60 at press time — almost […]

Bitfinex, Tether Formally Contest US Court Case Over Alleged $850 Million Fraud

May 6, 2019cashtechnews

A legal document says the case against the companies lacks basis and uses an incorrect legal standard. The operator of cryptocurrency exchange Bitfinex and stablecoin Tether (USDT) is planning to vacate the court order that accuses it of an $850 million funds loss, a document confirmed on May 5. IFinex, which received scrutiny from the […]

Tag: new york

Joseph Lubin on Bitfinex: It Seems Like a Really Big Mess That Probably Won’t Get Better

Nouriel Roubini at Salt Conference in NY: Crypto Is the Mother and Father of All Bubbles

Eight People Allegedly Arrested for Money Laundering Scheme Involving Crypto in Spain

Bitstamp to Expand US Operations by Hiring Former Coinbase Exec Hunter Merghart

New York Judge Criticizes Attorney General Claims Against Bitfinex, Tether

Tether, Bitfinex Stay Afloat Amid Controversy

ConsenSys Announces Major Restructuring as Longtime Executive Kavita Gupta Steps Down

Bitfinex’s Price for Bitcoin, $300 Higher than Market Rate, Excluded from CoinMarketCap

Bitfinex, Tether Formally Contest US Court Case Over Alleged $850 Million Fraud

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