US ‘Investigating’ If Tether, Bitfinex ‘Illegally Moved’ Bitcoin Price to $20K

Bitcoin’s latest price plunge has coincided with fresh scrutiny of stablecoin Tether and exchange Bitfinex almost a year after both received subpoenas from US authorities. DoJ ‘Homing In’ On Tether, Bitfinex As Bloomberg reports November 20 citing “three people familiar with the matter,” Tether and Bitfinex, which share a CEO, are under suspicion of market […]

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Ethfinex Hopes to Break Stalemate by Offering In-Platform ICOs and Token Sales

Ethfinex plans to host token sales and ICOs within its platform. The company has developed what they believe to be a more equitable method for involving investors in ICOs. Will Decentralized ICOs Level the Playing Field? Ethfinex will soon offer users the opportunity to participate in token sales and ICOs provided directly through the exchange […]

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BREAKING: Bitfinex Reportedly Halts Fiat Deposits

Bitfinex, the world’s fourth-largest cryptocurrency exchange by means of trading volume, has purportedly halted fiat deposits temporarily. EUR, USD, JPY, GBP Wire Deposits Temporarily Halted Screenshots of customer accounts started circulating on social media moments ago, suggesting that the British Virgin Islands-based and Hong-Kong-operated cryptocurrency exchange has temporarily paused wire deposits with EUR, USD, JPY, […]

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Crypto Exchanges Turn to Dubious Tactics to Offset 80% Volume Plunge

With trading volumes a whopping 80% lower than their January peak, some of the biggest trading exchanges are implementing controversial practices to stay profitable.  Exchange Listing Fees:  Pay to Play From the ‘stick’ of listing fees to encouraging ‘carrots’, the crypto exchanges are finding ways to get their money. Exchanges such as Binance (the world’s largest […]

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Abnormal Tether Price Moves on Kraken Leave Analysts Puzzled

Massive trade orders on Kraken fail to sway the price of Tether any further than modest ones, leaving researchers and analysts puzzled. Unlikely Coincidences “USD-backed” Tether (USDT) is making headlines yet again for the dubious activity surrounding the token. A report from Bloomberg today details evidence that Tether markets on the US-based Kraken exchange are […]

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‘Precursor of Price Going Up’: Tether Grants Another $250M in USDT Tokens

Controversial stablecoin Tether (USDT) has issued $250 million dollars worth of tokens — which Litecoin creator Charlie Lee sees as a bullish sign.   ‘Precursor of Price Going Up’ Tether has issued 250 million tokens (worth US$250) on June 25, according to Omni explorer. This follows its previous grant issued on May 18 of another $250 […]

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‘Really Un-Tethered?’ Bitcoin Price Manipulation Returns With New Research

Wilma Woo · June 13, 2018 · 1:00 pm Days after Tether (USDT) gained a higher market cap than Monero and Dash, new research has reignited suspicions that the altcoin “manipulated” Bitcoin prices.  Cryptocurrency Highs Fuelled By Tether The product of two researchers at the University of Texas, the paper — titled Is Bitcoin Really Un-Tethered? […]

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EOS Moves Major Amounts of Ether to Bitfinex, Sparking Market Concerns

Georgi Georgiev · June 2, 2018 · 6:00 am Ethereum’s public blockchain has provided definitive evidence that EOS recently sent 200,000 ether (ETH) to Bitfinex. This leaves the EOS crowdsale’s smart contract with just over $1 million worth of ETH.  Big Money Movement EOS — a blockchain-powered infrastructure for decentralized applications (DApps) — has gained substantial […]

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