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Data Appear to Contradict Bitfinex’s Dwindling Bitcoin Deposits Narrative

Data appears to contradict Bitfinex’s claim that the reason for its users withdrawing 135,000 Bitcoin (BTC) from the exchange was an arbitrage opportunity that ensued following Black Thursday.135,000 BTC laterOn Thursday, March 12, Bitfinex was holding 200,000 BTC. By May 25, this number dwindled to just 65,000 BTC. This is

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Bitfinex’s New Social Network Seeks to Give Traders an Edge

Catering to the social realm of the digital sphere, crypto exchange, Bitfinex, announced its own social network, which opened today.  On the exchange's social network, called Bitfinex Pulse, customers can immerse themselves in the energetic world of trading, collaborating on concepts, and other market related activities, said a statement provided to

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BitMEX’s Hayes: Bitfinex’s LEO Sale Sign Of Returning Bitcoin Bull Market

Weeks ago, Bitcoin exchange giant Bitfinex raised $1 billion worth of capital, purportedly denoted in Tether’s USDT, in an in-house initial exchange offering (IEO). The token being sold was Bitfinex’s own, LEO, and became a popular investment opportunity for whales and other industry insiders.Since the raise finished, news on the

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New York Supreme Court Grants Bitfinex’s Motion to Modify Injunction

Justice Joel Cohen of the New York Supreme Court has granted the Bitfinex cryptocurrency exchange’s motion to modify an injunction from the New York Attorney General (NYAG), Bitfinex announced on May 16.Per the announcement, the court order will allow Bitfinex and affiliated stablecoin operator Tether to continue their normal

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