Bitfinex Raises New Questions with Banking Solution

2018-10-17 12:43

Suggestions of shady banking practices are feeding skepticism about the Bitfinex exchange.

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Bitfinex Reopens Deposits But Stays Silent About Bank Arrangements

Cryptocurrency exchange Bitfinex confirmed it has reopened fiat currency deposits for all users October 16th, while remaining secretive about changes in its banking relationships. ‘New, Improved And Increasingly Resilient’ In a blog post, the exchange, which on Thursday began restricting deposits for certain users, said it had finished implementing what it described as “a new, improved and increasingly resilient fiat depositing system.

2018-10-16 18:00


Bitfinex Banking Scares Continue, Bitcoin Premium Skyrockets, Tether Dumps

Since the establishment of the first crypto-to-fiat platform, exchanges have been subject to intense scrutiny from banks, regulators, and most importantly, the consumers and investors themselves. Despite its veteran status in this nascent industry, Bitfinex isn’t exempt from this scrutiny, as a few too many controversies have rocked the Hong Kong-based startup over its near-six-year history.

2018-10-13 15:46