Bitfinex has announced plans to offer bitcoin options that will put it in direct competition with two major traditional exchange operators, Intercontinental Exchange and CME Group’s Bakkt. Both of those also announced enhanced bitcoin options choices over the past two days.
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Tether/Bitfinex study gets updated while Crypto Twitter gets angry
The report that claimed Bitcoin prices were manipulated via Tether now says a single “whale” was behind the trades; those with skin in the game react negatively
The lead academic in that (in)famous study postulating that Bitcoin prices were manipulated by Tether updated it with this added doozey: a single “whale” was behind most of it, trading large amounts of bitcoin against tether on Bitfinex, Tether’s sister company.
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Crypto Capital crony Oz Yosef indicted
Another shadow banker has been charged in connection with the theft of $880 million from cryptocurrency exchange Bitfinex.
Federal prosecutors have indicted Oz Yosef, a principal of Crypto Capital Corp., on three counts of bank fraud and conspiracy in cryptocurrency exchange Bitfinex's $880 million loss.
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G7 report is a giant warning to stablecoins
Bitcoin has ‘failed’; stablecoins need heavy regulation
The G7 has finally released a major report on the potential impact of global stablecoins.