Bitfinex

Although OWNR Wallet hit the stores in April 2019, the major part of cryptocommunity heard about it in December 2019, when OWNR partnered with Bitfinex, one of the largest cryptocurrency exchanges. We have checked the main facts to see what OWNR is about to bring to the market.

The two brothers from Jerusalem, Israeli identified as Eli Gigi (31 years of age) and Assaf Gigi (21), have been arrested on suspicion of being responsible for the infamous Bitfinex hack that cost the cryptocurrency exchange a loss of over $100 million, according to the investigators of the national cyber unit at Lahav 433, who started the investigations back in 2017.

The New York (NY) Supreme Court will modify the injunction against cryptocurrency exchange Bitfinex because it is vague and unclear. The injunction against the company’s digital currency business, was obtained by NYAG. The court made a ruling that Tether should not loan cryptocurrencies to the exchange, unless it is a standard recognized way of doing its commercial activities.

CoinMarketCap (CMC), the crypto market data service provider, has excluded Bitfinex’s Bitcoin (BTC) price calculation from their weighted average market cap statistical analysis due to the troubles on the exchange. CMC evaluates and examines all activities on its platform by taking a vigilant observation of the chain of prices it collects from various crypto exchanges.

An official announcement from the office of the New York (NY) State Attorney General has revealed that the responsible authority is carrying out thorough investigations into iFinex, the firm behind stablecoin Tether and cryptocurrency exchange Bitfinex, in a purported $850 million fraud case.

Bitfinex, a Hong Kong-based cryptocurrency bullish exchange, has retaliated against claims that it is insolvent and disclosed wallet addresses seeming to indicate it holds more than $1.5 billion in digital currency assets.

The Bitcoin (BTC) price has dropped back from eight-day highs on Friday morning, September 14, and it could be in for a bulge of solidification before further upward movement happens.

The U.S. Commodity Futures Trading Commission has sent subpoenas to the world’s largest cryptocurrency exchanges Bitfinex and Tether as there are significant questions surrounding the value of their tokens.

A second bitcoin exchange has suspended fiat deposits because of issues with intermediary banks.