Archive | bitfinex

What SegWit Means for Bitcoin, Bitfinex, Lightning Network

SegWit Adoption SegWit adoption has been steadily rising since its release in August 2017, albeit not as quickly as some would like. The problem is that it has to happen piece by piece, with each wallet, exchange, or other service provider rolling out the compatible address itself. Because each organization has both its own type of process […]

SegWit Finally Embraced by Coinbase and Bitfinex, Bright Future Ahead

Today, Coinbase — cryptocurrency exchange, brokerage, wallet, and operator of GDAX — and Hong Kong-based exchange Bitfinex have announced the implementation of P2SH Segregated Witness (SegWit). As per the companies’ tweets, users will experience improved transaction processing times and lower fees across the Bitcoin network. Our engineering team has finished testing of SegWit for Bitcoin […]

Bitfinex Builds a High-Performance Decentralized Exchange on the EOS.IO Platform

Bitfinex, the well-known cryptocurrency exchange, has just raised the bar for decentralized cryptocurrency exchanges. This week, it announced the launch of a new decentralized cryptocurrency exchange called “EOSfinex.” EOSfinex is different from other decentralized exchanges on the market due to its underlying technology, which will combine the scalability and speed of EOS.IO with Bitfinex’s expertise. The platform is an “on chain” exchange […]

U.S. Corporate Customers Barred From Bitfinex’s Margin Markets

Multiple concerned U.S. corporate customers of Bitfinex have posted on Reddit after discovering that they were unable to access the exchange’s margin trading services. Although Bitfinex has previously indicated that it would no longer allow U.S individuals to access the exchange’s services, Bitfinex’s support portal currently states that the restrictions do not affect U.S. corporate […]

Study Finds Little Correlation Between Tether Printing and Bitcoin’s Price

Over the past few months there’s been a lot of internet chatter concerning the digital currency tether (USDT) and whether or not it’s really backed by U.S. dollars. Further, there’s been skeptics, speculators, anonymous Twitter handles, and well-researched reports that claim tether printing moved the price of BTC considerably this past year. However, just recently […]

U.S. Regulators Send Tether and Bitfinex Subpoenas

There’s been a lot of discussion and controversy surrounding Tether (USDT) a digital asset that claims to be backed by the U.S. dollar. Now according to reports, the U.S. Commodity Futures Trading Commission has subpoenaed the cryptocurrency exchange Bitfinex and the company Tether for unknown reasons. Also Read: Analyst: IOTA Sharply Overvalued Due to “Overwhelming […]