Bitfinex, NexBridge Partner to Launch Tokenized US Treasury Bills in El Salvador
Bitfinex Securities and NexBridge have partnered to offer tokenized US Treasury bills in El Salvador, blending traditional finance with blockchain. US Treasury Bills in El Salvador Bitfinex Securities and NexBridge, a digital asset issuer that specializes in the tokenization of financial assets, have partnered to provide the first tokenized US Treasury bill in El Salvador. […]
Heather Morgan Sentenced To 18 Months Jail For Bitfinex Hack
Amid crypto security challenges, Heather Morgan was sentenced to 18 months for laundering $4B in stolen Bitcoin from the 2016 Bitfinex hack. Heather Morgan, also known by her rap alias “Razzlekhan,” was sentenced to 18 months in prison by a federal court in Washington, D.C., for her involvement in laundering funds associated with the 2016 […]
Bitfinex Invest in Plasma to Revolutionize Global Payments
Bitfinex has invested in Plasma, a decentralized financial infrastructure platform that focuses on Bitcoin and facilitates payments using real-world assets. On October 18, the Bitfinex team revealed via X that it had invested in Plasma to support the growth of Tether adoption on Bitcoin. A blog post introducing Plasma claims the company is considering offering […]
Bitfinex Lists First USD-Denominated, Gold-Backed Tether Asset
Bitfinex lists a new USD-denominated, gold-backed Tether asset, AUSDT, enhancing stability in the crypto market. Bitfinex, a prominent digital asset trading platform, has disclosed including a new USD-denominated Tethered Asset, AUSDT, by Alloy by Tether. Introducing a new level of stability and reliability to the volatile cryptocurrency market, this innovative offering is tethered to Tether […]
Hidden Road Partners with Bitfinex After Bybit KYC Issues
Shortly after severing connections with Bybit, the brokerage business Hidden Road, sponsored by Citadel Securities, has teamed up with Bitfinex. Institutional investors that use Hidden Road, a premier brokerage firm supported by Citadel Securities, will now have access to cryptocurrency through Bitfinex. The cryptocurrency exchange announced that Hidden Road’s “extensive institutional investor base” will have […]