In the evolving story of a so-called "stablecoin" the office of New York Attorney General Letitia James accused iFinex Inc. -- operator of the Bitfinex exchange and the Tether cryptocurrency -- of trying to cover up "the apparent loss of $850 million...
Cryptocurrency exchange accused of covering up $850 million loss
In the evolving story of a so-called "stablecoin" the office of New York Attorney General Letitia James accused iFinex Inc. -- operator of the Bitfinex exchange and the Tether cryptocurrency -- of trying to cover up "the apparent loss of $850 million...
Bitcoin soared to enormous heights late last year to over $19,000 for a single digital coin. Researchers now say that the digital currency Tether was used to inflate the value of bitcoin late last year. Indeed, a blockchain analysis showed that a tin...
A Hong Kong-based Bitcoin exchange has suspended all transactions after hackers stole a significant sum of the cryptocurrency. Bloomberg is reporting that 119,756 BTC, currently valued at $63.7 million, has been taken from Bitfinex. The news has help...