The Rumors of ‘Insolvency,’ Banking Partners’ Escape, and the Suspension of Fiat Deposits

On October 8, Hong-Kong-based exchange Bitfinex has announced that it is not under the immediate threat of insolvency and the related rumors are unsubstantiated, as well as false. According to the company’s press release, all cryptocurrency and fiat withdrawals are and have been processing as usual without the slightest interference.After some mild clarifications, tension is […]