Recent bitfinex News

El Salvador, what's going on in our favorite crypto city?
ETF, bitfinex, tether, BTC

Volcano-BondsEl Salvador, what's going on in our favorite crypto city?

In El Salvador, Bitcoin (BTC) is a legal currency and legal tender. A year ago, the small Central American country introduced Bitcoin bonds - also known as Volcano-Bonds - in an effort to raise one billion dollars. The aim is to use half of the investment money to finance the construction of the "Bi ...

Bets against tether could shake the crypto market!
USDT, USDT, luna, blockchain

Hedge Funds Shorting TetherBets against tether could shake the crypto market!

Hedge funds are increasingly shorting Tether (USDT), the stablecoin pegged to the US dollar, amid concerns about the company's transparency and the recent collapse of another major stablecoin. According to The Wall Street Journal, a growing number of hedge funds have opened USDT short positions w ...

Why stablecoins can't solve all of cryptocurrency's problems
blockchain, bitfinex, coinbase, tether

Freshly AnnouncedWhy stablecoins can't solve all of cryptocurrency's problems

to grow. In the wake of the collapse of one of the world’s biggest so-called stablecoins, people are asking the wrong questions. Stablecoins are touted as the safer part of the crypto market, designed to hold a constant value per coin of $1. But it did not work out that way for the recently strick ...