Newsflash: Bitfinex Unveils ‘Distributed Banking Solution,’ Resumes Fiat Deposits

Cryptocurrency exchange giant Bitfinex has unveiled a “distributed banking solution” that it says will be a “resilient” solution to its much-chronicled banking woes. Announced on Tuesday, the new system will allow KYC-verified users to immediately begin initiating fiat deposits across USD, GBP, JPY, and EUR, which had been paused for almost a week. Under the The post Newsflash: Bitfinex Unveils ‘Distributed Banking Solution,’ Resumes Fiat Deposits appeared first on CCN

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Major Cryptocurrency Exchange Bitfinex Weighs Move to Switzerland

Bitfinex, one of the world’s largest cryptocurrency exchanges, is reportedly planning to move out of its current base in Hong Kong over to Switzerland. German-language Swiss newsweekly Handelszeitung is reporting that Hong Kong-based Bitfinex is already in talks with Swiss authorities over a move to Europe. Switzerland is at the top of the list of The post Major Cryptocurrency Exchange Bitfinex Weighs Move to Switzerland appeared first on CCN

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Cryptocurrency Exchange Bitfinex Adopts SegWit, Coinbase Schedules Rollout for Next Week

The post Cryptocurrency Exchange Bitfinex Adopts SegWit, Coinbase Schedules Rollout for Next Week appeared first on CCN Network-wide SegWit adoption passed another significant milestone on Tuesday, as one of the largest cryptocurrency exchanges added support for this scaling upgrade and another said that it would roll support out next week. Bitfinex Adds SegWit Support Cryptocurrency exchange Bitfinex was the first of the two firms to make its announcement, revealing that SegWit support The post Cryptocurrency Exchange Bitfinex Adopts SegWit, Coinbase Schedules Rollout for Next Week appeared first on CCN

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Cryptocurrency Markets Post Recovery in Weekend Trading Respite

The post Cryptocurrency Markets Post Recovery in Weekend Trading Respite appeared first on CCN Cryptocurrency markets are finally showing signs of life after enduring a difficult start to the year that wiped $120 billion from the market in recent days, dragging it down from $590 to $470 billion. At the time of writing, Bitcoin was up almost 8 percent to just under $9,000 over the past twenty-four hours, according to The post Cryptocurrency Markets Post Recovery in Weekend Trading Respite appeared first on CCN

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