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The Latest Breaking News from Bitfinex

El Salvador became the first country to accept Bitcoin as legal tender. Now it’s offering citizenship for a $1 million ‘investment’

The Central American nation led by Nayib Bukele is partnering with the controversial stablecoin Tether on the initiative.

Fortune

Future of Finance: Paolo Ardoino on Tether proving crypto critics wrong and how ‘Bitfinex is a different company compared to Binance’

Ardoino talked about his early career and why it's mostly been "business as usual" after recently becoming Tether's CEO.

Fortune

Analysts Highlight Key Factors Driving Bitcoin's Surge To Year-To-Date High

A report attributed the surge to "a culmination of various factors, including a notable shift in the dynamics of the futures market compared to the spot market."

International Business Times

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70% Of Bitcoin's Circulating Supply Hasn't Moved For Over A Year: Bitfinex Report

These metrics show Bitcoin holders' reluctance to sell while buyers look for BTC supply, which is one of the factors why the king of crypto reached a new year-to-date high of $38,410 on Nov. 24.

International Business Times

Senior prison officials likely to be questioned in Bitcoin scam

SIT probing Bitcoin scam to question prison officials who had Sri Krishna in custody; hacker had stolen bitcoins from Bitfinex, one of world's largest cryptocurrency heists; SIT to summon 3 prison officials, incl. senior official, for questioning.

The Hindu

Bitcoin, Ethereum, Dogecoin Soar As Weaker Jobs Data Signals Potential Rate Hike Pause By Fed: Analyst Says Apex Crypto Maybe Poised For ‘Abnormal’ Bull Run

Major cryptocurrencies experienced a surge on Monday evening, driven by the anticipation that the Federal Reserve may halt its rate hikes

Zenger

Hacker Shreeki has reportedly made allegations against several officials in bitcoin scam

SIT probes Bitcoin scam, tracks down hacker Shreeki; he alleges senior police officials & politicians benefitted from stolen bitcoins. SIT files complaint & FIR against CCB officials for tampering evidence. CID officials question Shreeki & gather evidence to corroborate claims. SIT questions CCB officials on probe & alleged diversion of…

The Hindu

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SIT formed to probe Bitcoin scam dating back to previous BJP regime

The Karnataka government on Monday constituted a Special Investigation Team (SIT) to reopen and probe an alleged Bitcoin scam that had surfaced during the previous BJP regime.

The Hindu

EXCLUSIVE: Bitfinex And Tether CTO Advocates For Crypto Focus On Emerging Markets Over US, Europe

Bitfinex and Tether CTO Paolo Ardoino believes that entities in the industry should rather focus on emerging markets

Zenger

'The Crocodile of Wall Street' gets new tech job despite being under 24-hour house arrest

Heather Morgan has many credentials to her name including economist, tech entrepreneur, columnist, CEO, rapper—and accused launderer of stolen cryptocurrency.

Fortune

Coinbase tells customers to switch to stablecoin it cofounded—without fees

The company implied that the fallout of FTX put “some stablecoins to the test.”

Fortune

NY Judge Orders Tether To Produce Documents Proving USDT Backing

Stablecoin issuer Tether must disclose financial documents to verify that it's backed by the U.S. dollar, New York Judge Katherine Polk Failla says. The company is currently in a lawsuit due to allegations that it manipulated the crypto markets.

Benzinga

Bitcoin 'revolution' a work in progress

El Salvador President Nayib Bukele took the stage to fireworks, announcing to a cheering crowd of crypto enthusiasts at a beachside confab that Bitcoin would revolutionise his country.

Bangkok Post

Did Razzlekhan and Dutch Pull Off History’s Biggest Crypto Heist?

The novelty rapper and her startup-guy husband are now facing trial, but some of the proceeds from the $8 billion Bitfinex hack still haven’t been recovered.

Businessweek

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Benzinga

Ethereum Whale Moves 20,000 ETH Off Bitfinex

What happened: An Ethereum (CRYPTO: ETH) whale sent $24,644,819 worth of Ethereum off Bitfinex. The ETH address associated with this transaction has been identified as: 0x0aa7d42ed5373fc354544e5898d77f61b47c04d0

Benzinga

Ethereum Whale Moves 40,000 ETH Off Bitfinex

What happened: An Ethereum (CRYPTO: ETH) whale sent $49,042,773 worth of Ethereum off Bitfinex. The ETH address associated with this transaction has been identified as: 0xd275e5cb559d6dc236a5f8002a5f0b4c8e610701

The Independent UK

Crypto meltdown is wake-up call for many, including Congress

Meltdowns in the cryptocurrency space are common, but the latest one has served as a vivid reminder that investors, both professionals and rookies, can be rolling the dice when putting money into digital assets

Benzinga

Ethereum Whale Moves 23,000 ETH Off Bitfinex

What happened: An Ethereum (CRYPTO: ETH) whale sent $45,241,142 worth of Ethereum off Bitfinex. The ETH address associated with this transaction has been identified as: 0xd41cdb2a35a666e8e1f9f53054e85091b67e13af

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news in one place.

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Benzinga

Crypto Whale Just Moved $66M Worth Of Ethereum (ETH) Off Bitfinex

What happened: An Ethereum (CRYPTO: ETH) whale sent $66,703,073 worth of Ethereum off Bitfinex. The ETH address associated with this transaction has been identified as: 0x0aa7d42ed5373fc354544e5898d77f61b47c04d0

Benzinga

Crypto Whale Just Moved $30M Worth Of Ethereum (ETH) Off Bitfinex

What happened: An Ethereum (CRYPTO: ETH) whale sent $30,991,163 worth of Ethereum off Bitfinex. The ETH address associated with this transaction has been identified as: 0xd41cdb2a35a666e8e1f9f53054e85091b67e13af

Benzinga

Crypto Whale Just Moved $24M Worth Of Ethereum (ETH) Off Bitfinex

What happened: An Ethereum (CRYPTO: ETH) whale sent $24,134,942 worth of Ethereum off Bitfinex. The ETH address associated with this transaction has been identified as: 0x84b38bc60f3bd82640ecefa320dab2be62e2da15

Benzinga

Ethereum Whale Moves 26,633 ETH Off Bitfinex

What happened: An Ethereum (CRYPTO: ETH) whale sent $80,656,629 worth of Ethereum off Bitfinex. The ETH address associated with this transaction has been identified as: 0x4862733b5fddfd35f35ea8ccf08f5045e57388b3

Benzinga

Crypto Whale Just Moved $80M Worth Of Ethereum (ETH) Off Bitfinex

The Guardian - US

North Korea, NFTs and a hit video game: inside a $500m cryptocurrency theft

Another high-profile hack has raised more questions about the vulnerabilities of the blockchain

Benzinga

2,000 Bitcoin Was Just Transferred From Coinbase To Bitfinex

What happened: An anonymous Bitcoin (CRYPTO: BTC) whale just transferred $80,849,650 worth of Bitcoin off Coinbase, and the investor then sent these funds to Bitfinex.

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