Bitfinex


Markets

Polygon to Delegate $189M Worth of MATIC to Bitfinex for Staking

The new program may offer 41% in staking rewards on an annualized basis for a limited time.

The Polygon team

Finance

Crypto Exchange Bitfinex Tells Ontario Customers to Close Accounts

Bitfinex customers in the Canadian province should withdraw all their funds on or before March 1, the exchange said.

Ontario

Layer 2

Behind the Scenes of El Salvador’s Bitcoin Bond With the Man Who Designed It

Samson Mow reveals the fast-moving process behind a radical financial experiment.

Construction workers, who are paid in Bitcoin, work on a building outside the Bitcoin Beach office in El Zonte, El Salvador, on Monday, June 14, 2021. El Salvador has become the first country to formally adopt Bitcoin as legal tender after President Nayib Bukele said congress approved his landmark proposal.

Policy

El Salvador: Who Needs the IMF When You Have Bitcoin?

The IMF is a brutal bully constantly declaring its virtue. It’s about time someone pushed back.

Like Batman, the IMF has made a habit of inflicting pain in defense of a greater good – or just enforcing the status quo. (Jared Wickerham/Getty Images)

Videos

El Salvador’s Ambassador to US on Central American Country’s Bitcoin Ambitions

Milena Mayorga, Ambassador of El Salvador to the U.S., discusses El Salvador’s bitcoin ambitions following President Nayib Bukele’s plans for the world’s first “Bitcoin City”– a low-tax, net-zero municipality financed primarily by a $1 billion bitcoin bond listed on Bitfinex.

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Policy

CFTC Fines Tether and Bitfinex $42.5M for ‘Untrue or Misleading’ Claims

The U.S. regulator issued an order “simultaneously filing and settling charges against Tether,” the issuer of the crypto industry’s largest stablecoin.

Rostin Behnam, acting chairman of the Commodity Futures Trading Commission, from left, Jerome Powell, chairman of the U.S. Federal Reserve, and Jelena McWilliams, chairman of the Federal Deposit Insurance Corporation, walk to the West Wing of the White House in Washington, D.C., U.S., on Monday, June 21, 2021. President Biden is meeting with the nation's top financial regulators for an update on the state of the country's financial systems and institutions. Photographer: Stefani Reynolds/Bloomberg via Getty Images

Videos

CFTC Fines Tether and Bitfinex $42.5M for ‘Untrue or Misleading’ Claims

The Commodity Futures Trading Commission (CFTC) fined Bitfinex and Tether more than $42 million on allegations the USDT stablecoin was not fully backed at all times and Bitfinex violated a previous agency order. "The Hash" hosts discuss the charges and the outlook for stablecoin regulation.

Recent Videos

Tech

An Update on the ‘Erroneously High’ Gas Fee That Temporarily Cost DeversiFi $23.7M

Forget the scammers; crypto has its heartwarming stories, too.

Puppy dogs and ice cream. (Christian Bowen/Unsplash)

Tech

DeversiFi Says User Funds Are Safe After $23.7M Gas Fee Blunder

The decentralized exchange said Monday that a $23.7 million transaction fee was an “internal issue” and that no user funds are at risk.

(ETA+/Unsplash)

Policy

Tether Asks Court to Block NYAG From Releasing Documents to CoinDesk

Our Freedom of Information Law (FOIL) request asked for the release of any documents attesting to Tether’s reserve composition.

New York State Attorney General Letitia James