Digital asset exchange Bitfinex and Tether, the project behind the troubled USDT stablecoin, have joined forces with peer-to-peer (P2P) protocol Hypercore to roll out a blockchain-powered video calling app Keet. The app, which represents a decentralized alternative to popular centralized communication apps such as WhatsApp and Zoom, is built on a fully encrypted platform for…
On Tuesday, a Cloudflare outage knocked out numerous popular web services, including big crypto exchanges FTX, OKX, and Bitfinex. Users attempting to visit certain websites were met with a “500 Internal Server Error” notice, raising questions about the security of centralized crypto platforms. The content delivery network (CDN) confirmed via an update posted on June…
The US Justice Department said it seized more than $3.6 billion in allegedly stolen cryptocurrency linked to the 2016 hack of Bitfinex. As part of the operation, authorities detained a New York couple on allegations they planned to launder the digital goods. It marks the agency’s largest financial seizure ever, Deputy Attorney General Lisa Monaco…