CFTC hits Tether with $41m fine for ‘misleading’ stablecoin claims
US regulator says Tether only backed by reserves for six and a half months between 2016 and 2018.
Bitfinex
UK court orders Bitfinex to freeze $860,000 in bitcoin
Chainalysis traced the funds to a ransomware payment through Bitfinex’s platform.
Blockchain and Bitcoin round-up: 4 April 2017
Hot on the heels of yesterday’s round-up, here’s more bite-sized blockchain and Bitcoin news. Featuring TaaS, Living Room of Satoshi and Bitfinex. TaaS, the “first-ever” tokenised closed-end fund dedicated to blockchain assets, will partner with two cryptocurrency exchanges, Livecoin and Kuna, to offer its tokens for trading starting on 28 April. Investors will be able […]
Blockchain and Bitcoin round-up: 22 February 2017
Jargon defeated. Unnecessary words deleted. A brief round-up. Featuring Adel, Bitfinex and crime. If something’s rotten in the state of Denmark, it’s going to get found out. Danish newspaper Berlingske has revealed that police stopped drug traffickers by tracing Bitcoin transactions. It’s not the first time great Danes have done good deeds. Last month, the […]
Testing environment for Bitcoin exchanges
Amidst tightening regulations, the latest hack of the Bitfinex Bitcoin exchange has highlighted ongoing difficulties for the sector. Bourn Collier, associate, and Oliver Yaros, senior associate at Mayer Brown International LLP, explore. A few years ago media reports in Britain drew attention to the unfortunate plight of James Howells, a Welsh IT worker who had […]
Thieves steal $72m from Hong Kong Bitcoin exchange
It’s all gone wrong in Hong Kong as about $72 million worth of Bitcoin was stolen from the Bitfinex exchange platform. Nearly 120,000 units have been pilfered making it the second-biggest security breach ever of such an exchange. Bitfinex is one of the largest exchanges for Bitcoin, and according to Reuters is known in the […]
