Bitfinex to file lawsuit against critics

Bitfinex has hired the law firm to file lawsuit against critics
05 December 2017   1415

Bitfinex has hired the law firm of Steptoe & Johnson and is threatening legal action against a blogger who has made false claims about the bitcoin exchange.

To date, every claim made by these bad actors has been patently false and made simply to agitate the cryptocurrency ecosystem. As a result, Bitfinex has decided to assert all of its legal rights and remedies against this agitator and his associates.


Stuart Hoegner

The in-house counsel for Bitfinex

The blogger Bitfinex'ed, the most popular critic of Binfinex, said the exchange has knowingly filed unjustified lawsuits that had no intent on completing, referring to an example of Bitfinex's lawsuit against Wells Fargo, which was withdrawn in April.

Recently, Bitfinex’ed accused Bitfinex of close ties to Tether, saying that Tether is issuing more tethers that it can redeem and issuing them to fund margin trading in Binfinex, thereby artificially pumping up the price of bitcoin. He or she has also stated that Bitfinex allowed and benefited from wash trading on the exchange, and that it misled customers and investors on other matters.

However, Bitfinex did not specify who exactly it might sue, on what grounds, or in which jurisdiction.

Lightning Desktop App to be Launched in BTC Mainnet

The application, which is based on the lightweight Neutrino client, is available for the macOS, Windows and Linux, however, it's oriented fro test environment
24 April 2019   148

Lightning Labs, a leading developer of solutions for the Lightning Network, announced the launch of its desktop wallet in the main Bitcoin network. An application that was previously tested in a test network is available in the alpha version.

The application, which is based on the lightweight Neutrino client, is available for the operating systems macOS, Windows and Linux, however, as the developers emphasize, is still oriented primarily to the test environment. At the same time, more advanced users can also experiment with the wallet interface and get access to their funds.

Lightning App Desktop Version Screenshot
Lightning App Desktop Version Screenshot

The Neutrino client allows non-custodial Lightning wallets to verify Bitcoin transactions without the need to synchronize with the full version of the blockchain.

The new release includes such a function as displaying a single balance, which will allow users to see the cumulative number of coins both in the network base and in the payment channels by percentage.