Category Archives: bitfinex

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Increased SegWit Adoption May have Finally Solved Bitcoin’s Fee Problem

Increased SegWit Adoption May have Finally Solved Bitcoin’s Fee ProblemA couple months after two of the largest cryptocurrency trading exchanges, Bitfinex and GDAX, finally adopted the bitcoin SegWit protocol, transaction fees for the currency are finally back to reasonable levels. Bitfinex, on February 20 2018, announced support for bitcoin deposit and withdrawals using P2SH Segregated… Read More »

Bitcoin Exchange Bitfinex Opens ING Account After Losing Wells Fargo

The post Bitcoin Exchange Bitfinex Opens ING Account After Losing Wells Fargo appeared first on CCN Bitfinex, a large cryptocurrency exchange which has been under the U.S. Commodity Futures Trading Commission (CFTC) scrutiny, has opened an ING account after having lost its Wells Fargo relationship last year, according to Bloomberg News. ING spokesperson Harold Reusken… Read More »

Twitter Temporarily Suspends Vocal Tether Critic Bitfinex’ed

The post Twitter Temporarily Suspends Vocal Tether Critic Bitfinex’ed appeared first on CCN A Twitter account operated by vocal Tether critic Bitfinex’ed was temporarily suspended by the social media giant, only to be restored hours later. On Wednesday, the @Bitfinexed Twitter account went offline, and its pseudonymous operator took to Reddit to inform followers of… Read More »

Cryptocurrency Markets Post Recovery in Weekend Trading Respite

The post Cryptocurrency Markets Post Recovery in Weekend Trading Respite appeared first on CCN Cryptocurrency markets are finally showing signs of life after enduring a difficult start to the year that wiped $120 billion from the market in recent days, dragging it down from $590 to $470 billion. At the time of writing, Bitcoin was up… Read More »

Tether’s Relationship with Auditor ‘Dissolved’: Reports

The post Tether’s Relationship with Auditor ‘Dissolved’: Reports appeared first on CCN Embattled cryptocurrency startup Tether has reportedly severed ties with Friedman LLP, an accounting firm hired to audit the company’s balance sheet. Tether’s Relationship with Auditor ‘Dissolved’ Tether, the issuer of the dollar-pegged USDT token, had contracted with Friedman to verify that the nearly… Read More »

Cryptocurrency Market Recovers: Bitcoin Price Rebounds to $14,000 on Christmas

The post Cryptocurrency Market Recovers: Bitcoin Price Rebounds to $14,000 on Christmas appeared first on CCN On December 25, Christmas day, the bitcoin price rebounded to $14,000 after recording a major correction that sent its value plummeting to $11,500. Bitcoin Optimistic Short-Term Price Trend Overall, the cryptocurrency market recovered from a correction that occured on… Read More »