Bitfinex

Bitcoin (CRYPTO: BTC) has entered its first meaningful correction in nearly two months, falling from an all-time high of $111,880 amid rising macroeconomic uncertainty and unprecedented leverage in derivatives markets. What Happened: The pullback marks a pivotal moment for investors, as mounting...

Spot Bitcoin (CRYPTO: BTC) ETFs recorded a total net inflow of $917 million on April 23, marking four consecutive days of positive flows, fueled by macro relief and institutional demand. Spot Ethereum (CRYPTO: ETH) ETFs saw a net outflow of $23.8 million, per SoSoValue data. What Happened:...

A new cryptocurrency investment push is underway, with Brandon Lutnick, son of U.S. Commerce Secretary Howard Lutnick, partnering with crypto powerhouses Tether (CRYPTO: USDT), Bitfinex and Japanese investment giant SoftBank to launch a multibillion-dollar Bitcoin (CRYPTO: BTC)-focused venture....

The story of Ilya Lichtenstein, known for his role in the Bitfinex hack, and his wife Heather “Razzlekhan” Morgan has taken a new turn following the release of the Netflix documentary, “Biggest Heist Ever.” In a video statement from jail, Lichtenstein confessed to his crimes...

NexBridge unveiled USTBL on Wednesday, which it said is the first regulated public offering of tokenized U.S. Treasury exposure, leveraging Bitcoin's Liquid Network and Blockstream's AMP technology. This launch, announced in El Salvador, sets a new precedent for blending blockchain innovation with...

Bitcoin‘s (CRYPTO: BTC) price direction may shift significantly based on whether Donald Trump or Kamala Harris win the 2024 presidential election. Experts told Benzinga that the race appears to be split evenly and that market sentiment has already factored in a possible Trump victory, which...

Bitcoin’s (CRYPTO: BTC) recent halving event could lead to a scenario where demand for the cryptocurrency surpasses its supply by up to five times, as per a fresh analysis by Bitfinex. What Happened: Bitfinex’s analysts have suggested that the halving of Bitcoin’s mining rewards...

The U.S. government's significant accumulation of Bitcoin (CRYPTO: BTC), currently valued at $8.3 billion, has raised concerns about potential market impacts if these holdings were to be liquidated. Over the last two years, U.S. authorities have seized 207,189 Bitcoin through operations...

The Financial Intelligence Unit of India (FIU IND) has taken a significant regulatory step by issuing compliance show cause notices to nine major offshore Virtual Digital Assets Service Providers (VDA SPs). These notices are in response to the entities' alleged failure to comply with India'...

With the year 2023 witnessing extensive global adoption in the crypto and digital assets space, crypto users worldwide have experienced growth to date and are anticipated to scale up further in the upcoming year. What Happened: Bitfinex Alpha, in its recent report, states that the outlook...

El Salvador's much-anticipated Bitcoin (CRYPTO: BTC) bond, dubbed the "Volcano Bond," has received regulatory approval, paving the way for its launch in the first quarter of 2024. This move marks a new chapter in the country's embrace of Bitcoin and its integration into the...

As the global economy grapples with fluctuating markets and tightening lending standards, Bitcoin's (CRYPTO: BTC) trajectory offers a unique perspective on the future of finance. The Bitfinex Alpha report, closely tied to discussions at the upcoming Benzinga Future of Digital Assets conference...

The number of blockchain addresses holding at least $1,000 worth of Bitcoin (CRYPTO: BTC) has expanded to a record high of 8 million, according to data from Blockware Solutions and Glassnodes. This is equal to 0.028 BTC at the current price of $35,115. Industry titans BlackRock, DTCC,...

Users of cryptocurrency exchange Bitfinex were recently targeted by a “minor” phishing attack following a breach of an employee’s account. Bitfinex experienced a minor security incident when one of its customer support agents was hacked between Oct. 30 and Nov. 5,...

Stablecoin issuer Tether (CRYPTO: USDT) announced on Friday the appointment of Paolo Ardoino as its CEO, effective from December 2023. He will succeed Jean-Louis van der Velde, who will remain involved in an advisory capacity while maintaining his CEO position at crypto exchange Bitfinex...