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Longhash Blockchain Researchers Dispute 2017 ‘Single Whale’ Theory

News Blockchain education platform Longhash has released research that it claims debunks the recent single-whale theory of the 2017 Bitcoin (BTC) bull run. On Nov. 18, researchers at crypto analytics firm Longhash announced that they have calculated a metric called “Tether Purchasing Power,” which..

Tether Refutes Paper Naming USDT Manipulation as Cause of 2017 BTC Bull Run

News Tether has issued a response to a recently surfaced paper that alleges that a single whale manipulated the market to cause 2017’s bull run in Bitcoin (BTC) price. The responseTether, which is behind the dollar-backed stablecoin USDT, published the response on the company’s website on Nov. 7, ..

Analysts Laugh Off Recent ‘One-Whale Theory’ of BTC’s 2017 Bull Run

Analysis Just a single player or entity was allegedly responsible for Bitcoin’s historic price surge, as suggested by a recently updated academic paper titled “Is Bitcoin Really Un-Tethered?” Originally released in the summer of last year, the study claimed that major Bitcoin (BTC) price manipulat..

Bitfinex Cancels $8M Kim Dotcom IEO Citing Regulatory ‘Clear Risks’

News Cryptocurrency exchange Bitfinex has abruptly canceled its token sale for K.im, Kim Dotcom’s Bitcoin (BTC) content sharing service. In a blog post on Nov. 5, executives said they had agreed not to go ahead with the sale, an initial exchange offering (IEO) which had a planned fundraising goal ..

Bitfinex Adds Bitcoin Bech32 Support — Hints at Lightning Network Next

Major global crypto exchange Bitfinex now supports Bitcoin (BTC) bech32 addresses generation and deposits to bech32 addresses. Following the launch of Bitcoin withdrawals on bech32 addresses on Oct. 29, Bitfinex officially announced on Nov. 4 that the exchange now also supports Bitcoin deposits to b..

One Whale Was Behind Bitcoin’s 2017 Bull Run, Claim Researchers

News Researchers have escalated their claims about market manipulation in winter 2017, now claiming that a single whale was responsible for Bitcoin’s historic price surge. The development was reported by Bloomberg on Nov. 4. John M. Griffin and Amin Shams — of the universities of Texas and Ohio re..

Bitfinex Crypto Exchange Moves $1.5M of Stablecoin to Bitcoin Sidechain

News Cryptocurrency exchange Bitfinex moved 1 .561 million Tether (USDT) from the Omni Protocol to the Liquid Bitcoin (BTC) sidechain. Bitfinex CTO Paolo Ardoino announced the U.S. dollar-pegged stablecoin’s protocol swap on Twitter on Nov. 2. The conversion increases the quantity of USDT availabl..

Bitfinex Cries Fraud as Crypto Capital Executive Indicted by US

Analysis Over the past week, news broke detailing that Oz Yosef, an executive of the mysterious firm Crypto Capital, has been indicted by the United States for conspiracy to commit bank fraud and conspiracy to operate an unlicensed money transfer service. The news came just days after Crypto Capit..

Crypto Capital Exec Indicted on Three Criminal Counts in NY Court

The United States Attorney for the Southern District of New York has indicted Crypto Capital executive Oz Yosef on three criminal counts. An Oct. 23 court filing obtained by Cointelegraph confirmed that Oz Yosef has been indicted by U.S. authorities on conspiracy to commit bank fraud, bank fraud and..

The Curious Case of AT&T, Seth Shapiro’s SIM Card and a Stolen $1.8M

Follow up Over the past week, the global crypto community bore witness to a unique case wherein California resident and blockchain entrepreneur Seth Shapiro filed a lawsuit against American telecom giant AT&T — alleging that a couple of the firm’s employees had perpetrated a nefarious SIM-swap sch..

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