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Bitfinex Made a $1.1 Billion BTC Transaction for only $0.68

Exchange Bitfinex took credit for a transaction moving part of their 161,500 BTC holdings — well over a billion dollars — to a hot wallet. When someone transferred 161,500 Bitcoin (BTC) on April 10 for a fee of only 0.00010019 BTC — approximately $0.68 — the crypto world took notice.According to blockchain transaction details, the […]

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Bitfinex and OKEx Hit by DDoS Attacks: Here are the Key Details

Crypto exchanges have made it easier for millions of people to trade in cryptos, but they have also been found to be vulnerable to attacks, and today, two crypto exchanges, Bitfinex and OKEx, reported Distributed Denial-of-Service (DDoS) attacks. OKEx stated that the exchange suffered the attack last night, but none of its users were actually […]

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Tether and Bitfinex Unopposed to Lawsuit Consolidation

Three plaintiffs who have been involved in three separate lawsuits against Tether and its sister company Bitfinex have moved to consolidate their cases into one class-action suit. Court filings by David Leibowitz et al., Eric Young et al., and Bryan Faubus et al., accuse Tether and Bitfinex of creating “the largest bubble in human history” […]