Bittrex CEO Tom Albright explained that this year “has seen huge growth in DeFi as an asset class and a number of significant milestones completed.” He believes that as the industry matures more institutional and professional investors will look at its fundamentals and consequently “we are likely to see increased demand and higher trading volumes for DeFi in 2021.”
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Bitfinex, Tether again face market manipulation accusations
The embattled cryptocurrency exchange and stablecoin issuer jointly announced that a “meritless and mercenary lawsuit” is coming.
It seems the New York Attorney General is not the only person accusing sister companies Bitfinex and Tether of breaking the law. A paper accusing the companies of market manipulation designed to boost the price of Bitcoin will be published soon.
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Trading crypto in New York isn't as easy as this picture makes it seem (composite image via Shutterstock).NY Attorney General Letitia James: Bitfinex, Tether lied about cutting off New Yorkers
A filing in her fraud suit over Tether’s $625 million loan said Bitfinex did business in New York as recently as May
Cryptocurrency exchange Bitfinex did business with New York-based customers and vendors as recently as this May, according to a filing made in State Supreme Court by the office of New York Attorney General Letitia James.
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CryptoCompare starts ranking good, bad, and ugly exchanges
Top 10 cryptocurrency exchanges announced after grading after the data and indices provider studied more than 100 trading platforms worldwide
Calling the cryptocurrency trading business ripe with fraud and manipulation, cryptocurrency data and indices provider CryptoCompare has begun rating the reliability of exchanges.
