Bitfinex has hinted that, in the event of a Bitcoin user-activated soft fork (UASF), it may list the legacy coin on its exchange. It raises the prospect of "two Bitcoins" trading alongside each other. Also read: Fluffypony Speaks: Why I Had to Troll the Monero Market According to comments made by Bitfinex chief strategy officer Phil Potter in a Teamspeak discussion, the … [Read more...] about Bitfinex May List ‘Legacy Bitcoin’ on Exchange After a Soft Fork
The bitcoin price has now broken through the $2,000 USD barrier on Coinbase. It continues a series of price records and surprises for much of the cryptocurrency world. Also read: Jihan Wu: Bitmain Office Vandalized by Bitcoin Core ‘Storm Trooper’ Bitcoin Price New $2,000 Landmark At press time, the Coinbase price was around $2,033 and still rising. $2,000 represents a … [Read more...] about New Bitcoin Price Moonshot — $2,000 Now a Reality, What’s Next?
In August 2016, Bitfinex fell victim to a large-scale hack that resulted in $65 million being stolen from customers. Amazingly, not even a year later, they’ve seemed to have made big progress towards recovery. However, several obstacles still stand in the way, with the exchange still working to regain trust. Also read: WannaCry Hackers Accessing PCs Through Email — You Could … [Read more...] about Against All Odds: Is Bitfinex Thriving or Dying in the Months After the Big Hack?
Bitfinex announced today it is working with Friedman LLP to complete a comprehensive third-party audit of its balance sheets. The company added that results will be available in June 2017. Also read: Bitfinex Reveals It Did Not Engage Security Firm to Investigate Hack Bitfinex described the move as its "next step toward cementing customer and shareholder … [Read more...] about Bitfinex Engages Friedman LLC for Full Financial Audit
Bitfinex did not engage blockchain forensics company Ledger Labs to investigate its July 2016 hack, the company has revealed. Despite announcing last August that Ledger Labs was auditing, it appears that company was unable to provide the services required. Also read: Terrorists Move Funds Using Gift Cards, Not Bitcoin [Update 5th May 14:50 EST] Brandon from Community … [Read more...] about Bitfinex Reveals It Did Not Engage Security Firm to Investigate Hack