Trillion-Dollar Lawsuit?! “The disappearance of $265 billion in bitcoin wealth was the result of Bitfinex and Tether propping and popping the largest bubble in history.” – Complaint Document, Section 113, Page 35 It’s crunch time for Tether: the company behind...
“The Bitcoin Crypto-Coaster Ride – Technical Analysis” Part 1 published on May 24, 2018 and Part 2 published on Nov. 24, 2018 began with the following quote, and today is no different: “There will be no financial press, fundamentals, cryptophant community...
Bitfinex has had a document released by a known crypto trader and shareholder of the company, Zhao Dong, that gives information about its upcoming attempt to raise $1 billion through a token sale. While currently being sued by the state of New York over claims that it...
Hacks, Losses, COVER-UPS?! A knee-jerk reaction to the controversial crypto exchange Bitfinex and the USD Tether stablecoin has triggered a slight blip in the otherwise new upward trend in cryptocurrencies. The exchange and stablecoin, which are both heavily connected...
In very surprising news, coins have started moving today that were stolen during a 2016 hack of Bitfinex. It just so happens that we are also seeing a decent dip in the price of BTC today (-6%, from close to $5,500 to a bit above $5,100). That said, at least as of...