Bitcoin Exchange Bitfinex Scores Win Against NY Attorney General –

Bitcoin exchange Bitfinex has secured a temporary reprieve in its ongoing legal tussle against the New York Attorney General’s (NYAG) office. NY Judge Grants Stay of Document In a press release issued on Wednesday (May 22, 2019), Bitfinex announced that Hon Joel M. Cohen on the New York Supreme Court granted its motion for an […]

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Tether Announces Relationship With Deltec Bank in the Bahamas

On November 1st Tether said they have established a banking relationship with the Bahamas-based Deltec Bank & Trust Limited. Tether Limited made a few notable announcements on Thursday, November 1st. Early in the day on Twitter, the firm confirmed a new banking relationship with Deltec Bank & Trust Limited (Deltec), which has a headquarters in the […]

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Huobi Unveils New ‘All-in-One’ Stablecoin for Stablecoins (Except Tether)

Cryptocurrency exchange Huobi announced today that it has launched its very own interchangeable stablecoin dubbed HUSD. “All-In-One Stablecoin” Huobi, which is currently the third largest cryptocurrency exchange by means of traded volume according to data from CoinMarketCap, announced the launch of its own stablecoin HUSD. Notes Livio Weng Vice President at Huobi: It’s our great […]

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Bitcoin Trading at a $300 Premium on Bitfinex Amid Tether Decline

Speculation is rife that people are selling Tether in exchange for Bitcoin. This has led to Bitcoin trading at around a $300 premium on the Bitfinex exchange. Those using the Bitfinex exchange are finding that Bitcoin is trading at roughly a $300 premium compared to other exchanges. Many believe the price upswing is because traders […]

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London Block Exchange Launching Crypto Pound-Backed Stablecoin

The London Block Exchange said they have permission to launch a new virtual currency, the LBXPeg. The stablecoin would be backed by UK Pound Sterling reserves. The London Block Exchange (LBX) is planning to release a new virtual currency pegged to the Pound Sterling. The startup’s CEO Benjamin Dives told Business Insider the first “cryptopound” would […]

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