-
From Wall Street To Tech Company Hire: The Story Of 'The Crocodile' And The 120,000 Bitcoin Heist
Wednesday, January 18, 2023 - 3:17pm | 470Alleged cryptocurrency thief and rapper Heather Morgan, aka “The Crocodile of Wall Street," has a new job. What Happened: Morgan, who became a well-known figure in Twitter’s high-finance community for posting obscure rap videos under the moniker "The Crocodile...
-
Binance Saw Most 'Dumb Money' Bitcoin Investments 5 Years Ago — Guess Which One Leads 2022 Cycle?
Tuesday, November 29, 2022 - 9:00am | 355Binance saw most of the "dumb Bitcoin (CRYPTO: BTC) inflow" when it was first established in 2017. A dumb money investor is an individual who makes poor investment decisions due to market hype or the fear of missing out. These investors usually purchase when the...
-
This Crypto Is Up Over 18% Weekly, Leaving Bitcoin, Ethereum And Dogecoin In The Dust
Monday, November 21, 2022 - 2:41am | 553LEO (CRYPTO:LEO), the native token of crypto exchange Bitfinex, is rallying as the overall crypto market struggles to gain footing. The utility token was up 18% in the past seven days, trading at $4.44, recorded on Monday, 12 a.m. EST. Cryptocurrency Weekly Performance Price (Monday, 12.00 am...
-
Bitfinex, Tether Partner With Hypercore To Launch Video Chat App
Monday, July 25, 2022 - 1:22pm | 398Cryptocurrency exchange Bitfinex and stablecoin issuer Tether (CRYPTO: USDT) have partnered with open-source protocol Hypercore to launch a video calling application, Keet, which also allows audio, text and file exchanges between users and supports Bitcoin Lightning and USDT payments. The Keet...
-
Ex-Forbes Contributor, TikTok Influencer Charged In $3.6B Stolen Bitcoin Case Goes Viral
Thursday, February 10, 2022 - 11:12am | 578On Feb. 8, the U.S. Department of Justice charged Heather Morgan and Ilya Lichtenstein for an alleged conspiracy to launder 120,000 BTC stolen from crypto exchange Bitfinex in 2016. Needless to say, industry watchers were taken aback when they realized that the individuals behind the hack...
-
How Feds' Seizure Of Bitcoin Has Led To A Massive Rally In This Cryptocurrency
Tuesday, February 8, 2022 - 10:41pm | 479Unus Sed Leo (LEO) skyrocketed by 54% Tuesday night as federal authorities seized a hoard of Bitcoin (CRYPTO: BTC) connected to a 2016 hack of the Bitfinex cryptocurrency exchange. Unus Sed Leo Price Performance Time-frame % Change (+/-) 24-hour 53.8% 24-hour against Bitcoin 51.9% 24-...
-
Department Of Justice Seizes $4.5B Of Bitcoin, Price Slumps
Tuesday, February 8, 2022 - 5:44pm | 339The U.S. Department of Justice seized $4.5 billion worth of cryptocurrency stolen during 2016's hack of crypto exchange Bitfinex in the largest financial seizure ever executed by the department. What Happened: Ilya Lichtenstein, 34, and his wife Heather Morgan, 31, were arrested in...
-
$500M Longs Liquidated In One Hour As Bitcoin Falls To $58,200
Wednesday, October 27, 2021 - 10:00am | 451Bitcoin (CRYPTO: BTC) shed more than $4,000 from its price on Wednesday leading to large-scale liquidations across the board. What Happened: The leading digital asset plunged by 7% during the early hours of Oct. 27, falling to a low of $58,200. The sharp selloff resulted in $536 million worth...
-
Why Tether And Bitfinex Were Hit With CFTC Fines Totaling $42.5M
Friday, October 15, 2021 - 4:48pm | 294The U.S. Commodity Futures Trading Commission (CFTC) hit crypto exchange Bitfinex and Tether — the firm behind the stablecoin Tether (CRYPTO: USDT) — for violations of the Commodity Exchange Act, or CEA, and of a prior CFTC order. What Happened: According to a Friday...
-
Fintech Focus For February 24, 2021
Wednesday, February 24, 2021 - 1:31am | 1375Quote To Start The Day: The journey of a thousand miles begins with one step. Source: Lao Tzu One Big Thing In Fintech: Doug Cifu chief executive of Virtu Financial, the market maker, broker and technology provider, defended payment for order flow as retail investors receive price improvement and...
-
Fintech Focus For February 19, 2021
Thursday, February 18, 2021 - 6:07pm | 2074Quote To Start The Day: Motivation is what gets you started. Habit is what keeps you going. Source: Jim Rohn One Big Thing In Fintech: “There is no reason why the greatest financial system the world has ever seen cannot settle trades in real time,” Robinhood founder Vlad Tenev said....
-
Fintech Focus For February 17, 2021
Tuesday, February 16, 2021 - 6:17pm | 2049Quote To Start The Day: Don't judge each day by the harvest you reap but by the seeds that you plant. Source: Robert Louis Stevenson One Big Thing In Fintech: Banking is one of the key drivers of economies worldwide. Core banking typically includes deposit and loan and credit processing...
-
Fintech Focus For February 8, 2021
Sunday, February 7, 2021 - 8:25pm | 2192Quote To Start The Day: Excessive determinism is almost always the biggest enemy of stability. This seeming contradiction is behind the concept of metastability which captures the mode of market functioning in the last years. Metastability is what seems stable, but is not — a stable waiting...
-
Fintech Focus For January 8, 2021
Thursday, January 7, 2021 - 7:42pm | 1594Quote To Start The Day: Elon Musk, the outspoken entrepreneur behind Tesla Inc. and SpaceX, is now the richest person on the planet. A 4.8% rally in the electric carmaker’s share price Thursday boosted Musk past Amazon.com Inc. founder Jeff Bezos on the Bloomberg Billionaires Index, a...
-
Fintech Focus For December 23, 2020
Tuesday, December 22, 2020 - 8:20pm | 1714Quote To Start The Day: During the darkest days of the Model 3 program, I reached out to Tim Cook to discuss the possibility of Apple acquiring Tesla (for 1/10 of our current value). He refused to take the meeting. Source: Elon Musk One Big Thing In Fintech: Jack Miller, head of trading at Baird,...