As of March 13, the cryptocurrency market has bounced back and is up 6.4% in the last 24 hours, reaching a total market cap of $1.01 trillion. Cryptocurrency investors have been on a wild ride over the past week amid…
While the crypto market has witnessed massive growth over the last few years, 2022 hasn’t been so good. Digital assets are currently facing severe pressure, which has seen bitcoin, the largest virtual currency by market cap, lose more than 50%…
What are Leo’s Functions? Leo is one of the most innovative tokens used for optimizing the operations of the Bitfinex exchange and other trading platforms. In particular, Leo introduces a number of additional benefits to the platform’s users, thus increasing…
The New York Supreme Court has ruled in favor of Bitfinex for a motion to refuse document submission until the appeal for whether this is even the correct jurisdiction for the case has been decided. According to Forbes, this is merely…
PwC’s global research and consulting wing, Strategy&, revealed in their summer report that a whopping $3.3 billion has been raised in token offerings between January and May 2019. Bitfinex’s LEO offering accounts for 30 percent of that entire amount. Additionally,…
Justice Joel Cohen of the New York Supreme Court extended the preliminary injunction against iFinex and Bitfinex for an extra 90 days. This means the company cannot access Tether’s financial reserves for their own use. The lawsuit emerged after the…
Paolo Ardoino, CTO of cryptocurrency exchange Bitfinex, claims the company has raised capital for its billion-dollar initial enterprise offering (IEO) through private placements from investors in iFinex Ltd, the parent of both Bitfinex and Tether, in a tweet on 13…
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