Bitfinex
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Since June 17, #Bitfinex whales have increased their long positions by approximately 2,580 $BTC .
The current #BTC long position on Bitfinex stands at 50,894 $BTC , while the short position is only 535 $BTC , according to datamish.
#BitcoinHoldings #BitcoinUpdate #TrendingTopic
The current #BTC long position on Bitfinex stands at 50,894 $BTC , while the short position is only 535 $BTC , according to datamish.
#BitcoinHoldings #BitcoinUpdate #TrendingTopic
🔥🔥🔥 Institutional #DEFI players will bring commercial real estate #Onchain : KPMG exec
Institutional engagement in DeFi is evolving towards more controlled environments, according to Kunal Bhasin of KPMG. At the Toronto Collision Conference, Bhasin highlighted the growing interest among institutional investors in blockchain-tokenized shares of high-value commercial real estate, aiming to democratize ownership traditionally limited to deep-pocketed investors. He emphasized that while institutions value the efficiency of DeFi, they prioritize transparent participant identification and controlled transactions.
Bhasin cited examples like #Bitfinex Securities facilitating asset raises for properties such as a Hampton by Hilton hotel in #elsalvador . Despite successes like the #BlackRock USD Institutional Digital Liquidity Fund, challenges remain in broader adoption due to reputational risks associated with fraud and scams prevalent in the crypto industry.
Looking ahead, Bhasin predicted that financial institutions risk falling behind if they don't embrace crypto and digital assets, emphasizing the competitive advantage of early adoption. His insights highlight a shifting landscape where institutions cautiously explore DeFi while managing risks and leveraging tokenization to broaden ownership opportunities.
Source - cointelegraph.com
Institutional engagement in DeFi is evolving towards more controlled environments, according to Kunal Bhasin of KPMG. At the Toronto Collision Conference, Bhasin highlighted the growing interest among institutional investors in blockchain-tokenized shares of high-value commercial real estate, aiming to democratize ownership traditionally limited to deep-pocketed investors. He emphasized that while institutions value the efficiency of DeFi, they prioritize transparent participant identification and controlled transactions.
Bhasin cited examples like #Bitfinex Securities facilitating asset raises for properties such as a Hampton by Hilton hotel in #elsalvador . Despite successes like the #BlackRock USD Institutional Digital Liquidity Fund, challenges remain in broader adoption due to reputational risks associated with fraud and scams prevalent in the crypto industry.
Looking ahead, Bhasin predicted that financial institutions risk falling behind if they don't embrace crypto and digital assets, emphasizing the competitive advantage of early adoption. His insights highlight a shifting landscape where institutions cautiously explore DeFi while managing risks and leveraging tokenization to broaden ownership opportunities.
Source - cointelegraph.com
UNPACKING DEFAMATION ALLEGATIONS: WSJ VS TETHER-BITFINEX
Cryptocurrency news has been abuzz with recent events as one of the leading cryptocurrency exchanges, Bitfinex, and its affiliated stablecoin issuer Tether have taken legal action against The Wall Street Journal for defamation. The lawsuit arises from an article published by the renowned financial publication, alleging dubious practices and lack of transparency within the operations of Tether and Bitfinex.
The lawsuit stems from an article published by The Wall Street Journal that casts doubt on the integrity and legitimacy of Tether and its parent company Bitfinex. Tether, a popular stablecoin pegged to the US dollar, has been under scrutiny in recent years due to concerns regarding its backing and transparency.
Background of Tether and Bitfinex
Tether is one of the most widely used stablecoins in the cryptocurrency market, known for its purported 1:1 backing by fiat currency reserves. Bitfinex, on the other hand, is a prominent cryptocurrency exchange that shares common ownership and management with Tether. The Wall Street Journal article in question raised serious allegations against Tether and Bitfinex, suggesting that the companies engaged in market manipulation and lacked the necessary reserves to back the Tether stablecoin fully.
Initial Response and Legal Action
In response to the article, Bitfinex and Tether vehemently denied the allegations and announced their decision to pursue legal action against The Wall Street Journal for defamation. The companies emphasized their commitment to transparency and compliance with regulatory standards.
The lawsuit accuses The Wall Street Journal of spreading false information that has damaged the reputation and credibility of Tether and Bitfinex. Both companies argue that the article contains inaccuracies and misrepresentations that have adversely affected their business operations.
The publication of the article had an immediate impact on the cryptocurrency market, leading to a temporary decline in the value of Tether and causing uncertainty among investors. However, market sentiment stabilized as Bitfinex and Tether reassured users of their financial stability.
Legal Implications and Process
The lawsuit against The Wall Street Journal is expected to proceed through the legal system, with both parties presenting their arguments and evidence in court. The outcome of the case could have significant implications for the future regulation and oversight of stablecoins. The lawsuit has garnered widespread media attention, with various news outlets covering the ongoing legal battle between Bitfinex, Tether, and The Wall Street Journal. Public opinion on the matter remains divided, with some supporting the journalistic integrity of The Wall Street Journal and others questioning the motives behind the article.
#TrendingTopic #Write2Earn #Bitfinex #cryptonews #TetherTreasury
The lawsuit stems from an article published by The Wall Street Journal that casts doubt on the integrity and legitimacy of Tether and its parent company Bitfinex. Tether, a popular stablecoin pegged to the US dollar, has been under scrutiny in recent years due to concerns regarding its backing and transparency.
Background of Tether and Bitfinex
Tether is one of the most widely used stablecoins in the cryptocurrency market, known for its purported 1:1 backing by fiat currency reserves. Bitfinex, on the other hand, is a prominent cryptocurrency exchange that shares common ownership and management with Tether. The Wall Street Journal article in question raised serious allegations against Tether and Bitfinex, suggesting that the companies engaged in market manipulation and lacked the necessary reserves to back the Tether stablecoin fully.
Initial Response and Legal Action
In response to the article, Bitfinex and Tether vehemently denied the allegations and announced their decision to pursue legal action against The Wall Street Journal for defamation. The companies emphasized their commitment to transparency and compliance with regulatory standards.
The lawsuit accuses The Wall Street Journal of spreading false information that has damaged the reputation and credibility of Tether and Bitfinex. Both companies argue that the article contains inaccuracies and misrepresentations that have adversely affected their business operations.
The publication of the article had an immediate impact on the cryptocurrency market, leading to a temporary decline in the value of Tether and causing uncertainty among investors. However, market sentiment stabilized as Bitfinex and Tether reassured users of their financial stability.
Legal Implications and Process
The lawsuit against The Wall Street Journal is expected to proceed through the legal system, with both parties presenting their arguments and evidence in court. The outcome of the case could have significant implications for the future regulation and oversight of stablecoins. The lawsuit has garnered widespread media attention, with various news outlets covering the ongoing legal battle between Bitfinex, Tether, and The Wall Street Journal. Public opinion on the matter remains divided, with some supporting the journalistic integrity of The Wall Street Journal and others questioning the motives behind the article.
#TrendingTopic #Write2Earn #Bitfinex #cryptonews #TetherTreasury
📊 #Santiment : Following an attempted (but failed) #Bitfinex hack using a “Partial Payments Exploit”, there is high negative sentiment toward $XRP . The altcoin's price performance has been middling in 2024. Along with a low #RSI , there is upside while #FUD is high.
🔥 Hot Off the Press: Massive #USDT Moves! 🌪️
🚀 Witness the colossal transfer of 54,000,000 USDT, totaling a remarkable $54,055,889, as it journeys from #TetherTreasury to #Bitfinex ! The #crypto world is buzzing with excitement. 📈💰
🔄 The action doesn't stop there! Another 54,000,000 $USDT worth 54,055,889 is making its way from Bitfinex back to Tether Treasury. The crypto tides are in motion! 🌊🚀
📊 Dive into the specifics with transaction hashes:
From Tether Treasury to Bitfinex: 👇
dd1f92ff1b5fd7c4fd7bb0a7acd6334e5711e6aa516cd7f46da6e8a528c1e28e.
From Bitfinex to Tether Treasury: 👇
0x7d93dcc735904485c8b921eec430e0b8675890f9cb93eb7943b7ef5c726444b5.
Address Analysed on mest.io
Disclaimer: #cryptocurrency markets can be volatile. Always invest wisely and do your own research. 💡🌐
🙏 a small LIKE & FOLLOW 🙏 MOTIVATES ME A LOT ❤️
🚀 Witness the colossal transfer of 54,000,000 USDT, totaling a remarkable $54,055,889, as it journeys from #TetherTreasury to #Bitfinex ! The #crypto world is buzzing with excitement. 📈💰
🔄 The action doesn't stop there! Another 54,000,000 $USDT worth 54,055,889 is making its way from Bitfinex back to Tether Treasury. The crypto tides are in motion! 🌊🚀
📊 Dive into the specifics with transaction hashes:
From Tether Treasury to Bitfinex: 👇
dd1f92ff1b5fd7c4fd7bb0a7acd6334e5711e6aa516cd7f46da6e8a528c1e28e.
From Bitfinex to Tether Treasury: 👇
0x7d93dcc735904485c8b921eec430e0b8675890f9cb93eb7943b7ef5c726444b5.
Address Analysed on mest.io
Disclaimer: #cryptocurrency markets can be volatile. Always invest wisely and do your own research. 💡🌐
🙏 a small LIKE & FOLLOW 🙏 MOTIVATES ME A LOT ❤️
🚀 Crypto Marvel: Whale's Ethereal Voyage to Bitfinex! 🌌💸
A cosmic journey unfolded just six hours ago as a new address embarked on a transfer of 9,999.9 $ETH ($23.54M USD) to #Bitfinex .
Intriguingly, this celestial whale had just acquired all these #ETH moments before orchestrating the grand transfer from Bitfinex.
🐋 Whale's Address:👇
0x5d514eee6c2cb9845dc843b980b47bcc6030bd14
Stay tuned for more tales from the crypto universe! 🌐🚀
😍 A small LIKE and FOLLOW, Motivates me a lot 😍
A cosmic journey unfolded just six hours ago as a new address embarked on a transfer of 9,999.9 $ETH ($23.54M USD) to #Bitfinex .
Intriguingly, this celestial whale had just acquired all these #ETH moments before orchestrating the grand transfer from Bitfinex.
🐋 Whale's Address:👇
0x5d514eee6c2cb9845dc843b980b47bcc6030bd14
Stay tuned for more tales from the crypto universe! 🌐🚀
😍 A small LIKE and FOLLOW, Motivates me a lot 😍
🔄 Crypto Encore: A 10,000 #ETH Symphony! 🎭🚀
In a captivating encore performance, witness the mesmerizing ballet of 10,000 $ETH as a new star wallet, "0XBAE," takes the spotlight, gracefully withdrawing from #Bitfinex just 4 hours ago!
🕰️
Hold your breath as the plot thickens— in a mesmerizing twist, all those ETH pirouette right back to Bitfinex! 🔄🌐
👉 Dive into the encore and witness the wallet's dance of moves at this address 👇
0xbaef87e999a7f1ef4e05a3859fea7fe43394f7f7
#eth
Disclaimer: 🚨 #cryptocurrency theaters are full of surprises. Always stay vigilant and enjoy the spectacle responsibly! 💙✨
😍 A small LIKE and FOLLOW, Motivates me a lot 😍
In a captivating encore performance, witness the mesmerizing ballet of 10,000 $ETH as a new star wallet, "0XBAE," takes the spotlight, gracefully withdrawing from #Bitfinex just 4 hours ago!
🕰️
Hold your breath as the plot thickens— in a mesmerizing twist, all those ETH pirouette right back to Bitfinex! 🔄🌐
👉 Dive into the encore and witness the wallet's dance of moves at this address 👇
0xbaef87e999a7f1ef4e05a3859fea7fe43394f7f7
#eth
Disclaimer: 🚨 #cryptocurrency theaters are full of surprises. Always stay vigilant and enjoy the spectacle responsibly! 💙✨
😍 A small LIKE and FOLLOW, Motivates me a lot 😍
🚀 Market Rockets Back with a Bang! 🚀
🐋 Brace yourselves for some jaw-dropping moves as Whale 0x88e takes center stage in the crypto arena! 💼💥
📥 Just 10 minutes ago, the whale deposited a colossal 4,404 $ETH into #Binance , at an impressive $1,585 per #ETH , valuing the transaction at a staggering $6.98 million! 💰🔝
🔗 Here's the address that's making waves: 👇
0x88e1ac109270f48be4f51c6ac702c7faf095ccbd. 💎🚁
But the plot thickens! 🌟
📅 On June 23, 2020, this same whale accumulated a whopping 11,904 ETH from #Bitfinex , at an average price of just $243.1, totaling $2.894 million. 📈🌌
📈 Over the past three days, they've deposited all 11,904 ETH, now valued at a whopping $18.58 million, into Binance, with an average price of $1,561 per ETH . 💹🚀
📊 Estimated profit from these strategic moves? A jaw-dropping $15.8 million, which amounts to a mind-boggling 542% increase! 💰💥
🔍 In summary, Whale 0x88e:👇
📌 Accumulated 11,904 ETH from Bitfinex on June 23, 2020, at an average cost of $243.1, totaling $2.894 million.
📌 Over the past three days, deposited all 11,904 ETH into Binance, now valued at $18.58 million, at an average price of $1,561.
📌 Estimated profit from ETH: $15.8 million (a whopping 542% return) if truly bought and sold.
Disclaimer: #cryptocurrency investments carry risks, and this information is for reference only. Always conduct your own research and invest wisely. 💡🚨
Stay tuned for more thrilling updates from the world of #crypto ! 🌐💫🔥
🙏 a small FOLLOW & LIKE , motivates me a LOT ❤️
🐋 Brace yourselves for some jaw-dropping moves as Whale 0x88e takes center stage in the crypto arena! 💼💥
📥 Just 10 minutes ago, the whale deposited a colossal 4,404 $ETH into #Binance , at an impressive $1,585 per #ETH , valuing the transaction at a staggering $6.98 million! 💰🔝
🔗 Here's the address that's making waves: 👇
0x88e1ac109270f48be4f51c6ac702c7faf095ccbd. 💎🚁
But the plot thickens! 🌟
📅 On June 23, 2020, this same whale accumulated a whopping 11,904 ETH from #Bitfinex , at an average price of just $243.1, totaling $2.894 million. 📈🌌
📈 Over the past three days, they've deposited all 11,904 ETH, now valued at a whopping $18.58 million, into Binance, with an average price of $1,561 per ETH . 💹🚀
📊 Estimated profit from these strategic moves? A jaw-dropping $15.8 million, which amounts to a mind-boggling 542% increase! 💰💥
🔍 In summary, Whale 0x88e:👇
📌 Accumulated 11,904 ETH from Bitfinex on June 23, 2020, at an average cost of $243.1, totaling $2.894 million.
📌 Over the past three days, deposited all 11,904 ETH into Binance, now valued at $18.58 million, at an average price of $1,561.
📌 Estimated profit from ETH: $15.8 million (a whopping 542% return) if truly bought and sold.
Disclaimer: #cryptocurrency investments carry risks, and this information is for reference only. Always conduct your own research and invest wisely. 💡🚨
Stay tuned for more thrilling updates from the world of #crypto ! 🌐💫🔥
🙏 a small FOLLOW & LIKE , motivates me a LOT ❤️
🔗 A fresh wallet swiftly withdrew 10,000 $ETH (20,555,780 USD) from #Bitfinex just 12 hours ago. 📉💸
🔄 Surprise move! The entire #ETH stash gets deposited back into Bitfinex. 🔄💼
🐋 Dive into the whale's maneuvers:
👇
0x7ff2cc92eb5ac22ffeb1cf1030a0eb54e3649a2a
🚀 Stay tuned for the next chapter in this #crypto saga! 📈🔮
[Disclaimer: #cryptocurrency transactions involve risks. Stay informed and make well-researched financial decisions.]
😍 A small LIKE and FOLLOW, Motivates me a lot 😍
🔄 Surprise move! The entire #ETH stash gets deposited back into Bitfinex. 🔄💼
🐋 Dive into the whale's maneuvers:
👇
0x7ff2cc92eb5ac22ffeb1cf1030a0eb54e3649a2a
🚀 Stay tuned for the next chapter in this #crypto saga! 📈🔮
[Disclaimer: #cryptocurrency transactions involve risks. Stay informed and make well-researched financial decisions.]
😍 A small LIKE and FOLLOW, Motivates me a lot 😍
As per datamish, the largest shift in the Bitfinex whale's activity occurred today, with the closure of around 8,018 BTC long positions—marking the most significant change since late March of this year. Despite the closure of nearly 13,400 BTC long positions on Bitfinex since November, the platform currently boasts over 80,000 BTC long positions that remain open.
#Bitfinex #BTC #Bitcoin #Hold $BTC
#Bitfinex #BTC #Bitcoin #Hold $BTC
#The.transfer.of.more.than.200,000.Bitcoins worth $9 billion spreads panic.. What happens?
_The crypto community is in a state of speculation as 210,010 Bitcoins were recently transferred in block number 824239. This constitutes one of the most significant Bitcoin transactions to date. revealed Martin, a well-known on-chain crypto analyst at #CryptoQuant . Details of this huge deal were revealed, sparking a wave of curiosity and intrigue within the digital currency space. Massive Bitcoin Transfer Revealed #Maartunn took to the X platform to reveal the unprecedented transfer. Highlighting the complexities of the deal. A staggering 210,010 bitcoins were transferred. Which is worth about $9.02 billion at the current Bitcoin price, inside block number 824239. This prompted the cryptocurrency expert to express his astonishment at the huge size. While the origin and purpose of this massive transfer has yet to be fully deciphered, Martin has shared initial details.
Meanwhile, the transfer details reveal an entry of 210,010 BTC from the wallet address bc1qgdjqv0….nvqqjwvw97. The output includes a large allocation of 6,000 BTC to the address 1Kr6QSydW9…pJGmUa9i1g. Interestingly, the change from this huge transfer amounts to 204,010 BTC, back to the original address. This huge transfer has sparked speculation in the cryptocurrency market. Especially with FUD sentiment dominating the market. Notably, Bitcoin price recently crossed the $45,000 mark before reversing course on Wednesday. After a Matrixport report indicated that the SEC may reject all Bitcoin ETF applications in January. Bitfinex cold wallet connection in transactions To add a layer of complexity to the narrative, it was revealed that the original address.
bc1qgdjqv0….nvqqjwvw97, linked to a Bitfinex cold wallet. #Bitfinex , a prominent cryptocurrency trading platform, is now entangled in the story. Which raises questions about the motive behind such a huge transfer and its potential effects on the market. For context, a user shared an old update for Paolo Ardoino.
$BTC
#followthsesesteps
_The crypto community is in a state of speculation as 210,010 Bitcoins were recently transferred in block number 824239. This constitutes one of the most significant Bitcoin transactions to date. revealed Martin, a well-known on-chain crypto analyst at #CryptoQuant . Details of this huge deal were revealed, sparking a wave of curiosity and intrigue within the digital currency space. Massive Bitcoin Transfer Revealed #Maartunn took to the X platform to reveal the unprecedented transfer. Highlighting the complexities of the deal. A staggering 210,010 bitcoins were transferred. Which is worth about $9.02 billion at the current Bitcoin price, inside block number 824239. This prompted the cryptocurrency expert to express his astonishment at the huge size. While the origin and purpose of this massive transfer has yet to be fully deciphered, Martin has shared initial details.
Meanwhile, the transfer details reveal an entry of 210,010 BTC from the wallet address bc1qgdjqv0….nvqqjwvw97. The output includes a large allocation of 6,000 BTC to the address 1Kr6QSydW9…pJGmUa9i1g. Interestingly, the change from this huge transfer amounts to 204,010 BTC, back to the original address. This huge transfer has sparked speculation in the cryptocurrency market. Especially with FUD sentiment dominating the market. Notably, Bitcoin price recently crossed the $45,000 mark before reversing course on Wednesday. After a Matrixport report indicated that the SEC may reject all Bitcoin ETF applications in January. Bitfinex cold wallet connection in transactions To add a layer of complexity to the narrative, it was revealed that the original address.
bc1qgdjqv0….nvqqjwvw97, linked to a Bitfinex cold wallet. #Bitfinex , a prominent cryptocurrency trading platform, is now entangled in the story. Which raises questions about the motive behind such a huge transfer and its potential effects on the market. For context, a user shared an old update for Paolo Ardoino.
$BTC
#followthsesesteps
🔄 Crypto Encore: A 10,000 $ETH Symphony! 🎭🚀
In a captivating encore performance, a brand new wallet, "0XF1C," took center stage by withdrawing 10,000 #ETH from #Bitfinex just 8 hours ago! 🕰️
The plot thickens as, in a mesmerizing twist, all those ETH pirouette right back to Bitfinex! 🔄🌐
👉 Dive into the encore and witness the wallet's ballet of moves at this address 👇
0xf1cde15098b4c9c26735da9a1c6346508239e358
#eth
Disclaimer: 🚨 Cryptocurrency theaters are full of surprises. Always stay vigilant and enjoy the spectacle responsibly! 💙✨
😍 A small LIKE and FOLLOW, Motivates me a lot 😍
In a captivating encore performance, a brand new wallet, "0XF1C," took center stage by withdrawing 10,000 #ETH from #Bitfinex just 8 hours ago! 🕰️
The plot thickens as, in a mesmerizing twist, all those ETH pirouette right back to Bitfinex! 🔄🌐
👉 Dive into the encore and witness the wallet's ballet of moves at this address 👇
0xf1cde15098b4c9c26735da9a1c6346508239e358
#eth
Disclaimer: 🚨 Cryptocurrency theaters are full of surprises. Always stay vigilant and enjoy the spectacle responsibly! 💙✨
😍 A small LIKE and FOLLOW, Motivates me a lot 😍
Reported ‘transfer’ of $15B $XRP was part of a failed exploit attempt
#Bitfinex Chief Technology Officer Paolo Ardoino revealed that an attacker attempted a failed exploit using XRP's partial payments feature to target the crypto exchange. On January 14, an apparent transaction of nearly $15 billion worth of XRP from an unknown wallet to Bitfinex was reported by #blockchain tracker Whale Alert. However, the transaction never went through, and it was later acknowledged as a failed "partial payments exploit" attempt by Ardoino.
Whale Alert initially highlighted the transaction, but later deleted the post, citing issues with reading the #ripple node response that led to incorrect posts. Ardoino clarified on social media platform X that Bitfinex had been targeted in a "Partial Payments Exploit." The attacker assumed that the exchange's software was incorrectly configured to process partial payments, trying to exploit this vulnerability. Partial payments exploits typically involve assuming a company has a misconfigured system that only reads the "amount" field of an XRP transaction, which is set to a high value.
Source - cointelegraph.com
#CryptoNews #BinanceSquare
#Bitfinex Chief Technology Officer Paolo Ardoino revealed that an attacker attempted a failed exploit using XRP's partial payments feature to target the crypto exchange. On January 14, an apparent transaction of nearly $15 billion worth of XRP from an unknown wallet to Bitfinex was reported by #blockchain tracker Whale Alert. However, the transaction never went through, and it was later acknowledged as a failed "partial payments exploit" attempt by Ardoino.
Whale Alert initially highlighted the transaction, but later deleted the post, citing issues with reading the #ripple node response that led to incorrect posts. Ardoino clarified on social media platform X that Bitfinex had been targeted in a "Partial Payments Exploit." The attacker assumed that the exchange's software was incorrectly configured to process partial payments, trying to exploit this vulnerability. Partial payments exploits typically involve assuming a company has a misconfigured system that only reads the "amount" field of an XRP transaction, which is set to a high value.
Source - cointelegraph.com
#CryptoNews #BinanceSquare