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  • Not an iFinex meeting (via Shutterstock).
    Not an iFinex meeting (via Shutterstock).
    Tether

    Bitfinex owner plans to raise $1 billion in an exchange token offering

    iFinex’s IEO will cover the $850 million cryptocurrency exchange Bitfinex said it lost to government seizures

    May 5, 2019 /

    Now that word is out that cryptocurrency exchange Bitfinex is missing $850 million that it may or may not ever see again, parent company iFinex is trying to raise $1 billion by selling a new exchange token to be called a LEO.

    Read More
    Leo Jakobson
  • Tether (via Shutterstock).
    Tether (via Shutterstock).
    Bitcoin,  Tether,  United States

    Bitfinex may issue exchange tokens to cover potential loss of $850 million

    Tokens would make up for funds seized from Bitfinex by several governments, although the company says it expect their release ‘imminently’

    April 30, 2019 /

    Embattled cryptocurrency exchange Bitfinex may be planning to issue a proprietary exchange token to cover the potential loss of $850 million, according to the founder of cryptocurrency venture capital firm dFund.

    Read More
    Leo Jakobson

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