Browsing:Bitfinex

Bitfinex Securities
4 weeks ago 1 min read

Bitfinex Begins Operating In El Salvador

El Salvador witnessed the launch of Bitfinex Securities El Salvador S.A., marking a significant step toward cementing its position as a crypto-friendly hub and becoming the first platform in the country to introduce tokenized securities. Bitfinex Securities made the official announcement on January 31, 2024, and is now accepting customer applications. This development comes two and a half years after El Salvador accepted Bitcoin as legal currency. Bitfinex Securities became El Salvador’s first registered and licensed digital asset service provider after receiving approval under the country’s Digital Asset Securities Law, which was enacted last year. The Digital Asset Securities Law,

Bitfinex CEO Paolo Ardoino revealed details about a foiled hacking attempt that targeted nearly $15 billion in XRP
1 month ago 1 min read

Hackers Tries To Steal Over $15 Billion in XRP From Bitfinex Fails

Bitfinex CEO Paolo Ardoino revealed details about a foiled hacking attempt that targeted nearly $15 billion in XRP, accounting for nearly half of the total value of XRP. According to Ardoino, hackers attempted to use an XRP Ledger network feature to move a large amount of XRP. However, the attempt failed, with the actual transaction amounting to only a few cents in XRP. The hacker’s inability to carry out the intended transactions was the cause of the failed attack. The attackers attempted to use a technique known as the “Partial Payments Exploit.” This method involves modifying the XRP Ledger’s Partial