The United States Commodity Futures Trading Commission (CFTC) punished companies Bitfinex and Tether $ 42.5 million for failing to comply with the commodity exchange law and some regulatory requirements.
The regulator revealed that Tether, the cryptocurrency company of the same name, maintained the…
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Tether
Cryptocurrency payment adoption increases in Venezuela
Bio Mercados, a supermarket chain in Venezuela, made an alliance with dash, the cryptocurrency trading platform Cryptobuyer and the payment processing system MegaSoft to initiate the acceptance of cryptocurrencies as a form of payment in…
The crypto market already exceeds $ 2 trillion
In the midst of a growing institutional demand, cryptocurrencies have been the boom in the financial market on a global scale, where until now their value has doubled to exceed 2 trillion dollars.
Among the 6,600 coins tracked by…
Bitfinex Pay, the new service that allows payments in crypto
The exchange associated with the stablecoin Tether, Bitfinex, has announced the launch of its new cryptocurrency payment processor called Bitfinex Pay, which is designed for companies and businesses that are interested in receiving payments…
New York orders Bitfinex platform shutdown
Digital asset platform Bitfinex was shut down and fined $ 18.5 million by the state of New York.
The reason for this measure is due to an alleged case of fraud towards investors, where losses of 850 million dollars were estimated,…
Ethereum will offer batch payments with Tether
The digital currency Tether has turned out to be the first token to be activated in Hermez's layer two network, it has been associated with the cryptoasset in order to offer cheaper transactions through accumulation of zero knowledge.
As…
Huobi global launches cryptocurrency savings plan
For this August 20, the exchange platform to offer asset transactions Huobi Global has offered its new market strategy that consists of using cryptocurrency savings accounts for its clients.
The new tool started operation this August 20…
Bitcoin approaches $ 20,000 this year
The report of the American financial advisory company, Bloomberg, reveals that the health crisis currently underway has generated a significant increase in the handling of bitcoin in the financial market, showing its strength amid the fall…
Line’s BitBox replaces its exchange platform with a new one in the US
The Japanese courier giant Line, closed its Singapore-based encryption exchange, BitFox, and relaunched it as a global platform based in the United States that will take the new name of BitFront.
The information was revealed on February 27…
Tether will launch new gold-backed-cryptocurrency Tether Gold
The crypto universe company Tether announced the creation of a new token that will be backed by gold reserves. According to a statement from the platform, the new stablecoin Tether Gold will represent an ounce of gold associated with a…
Bitfinex and Tether face class action lawsuit in Washington
Bitfinex and its subsidiary Tether were charged for the second time since October before the United States District Court in Washington. The crimes for which they are accused are fraudulent activity and market manipulation.
According to an…
Crypto.com company launches new exchange
The renowned cryptocurrency platform announced the launch of its new exchange, Crypto.com, on November 14. The purpose is to continue stimulating the mass adoption of digital currencies to more than one million users who will have the…