Bitfinex to Launch LEO Margin Trading

Exchange believes margin trading will increase liquidity and allow token holders to receive a percentage of the assets provided for opening positions
30 May 2019   657

Bitfinex cryptocurrency exchange announced on Wednesday, May 29, the start of margin trading in pairs with its own UNUS SED LEO token.

As stated by the exchange, margin trading will increase liquidity in the LEO markets, as well as allow token holders to receive a percentage of the assets provided for opening positions. It also became possible to use LEO as collateral when opening marginal positions on Bitfinex.

On May 17, Bitfinex confirmed the successful sale of LEO tokens to a limited circle of investors at a price of $ 1, during which the company raised $ 1 billion.

Recently exchange also announced that LEO holders will be able to receive 15% discounts on fees for transactions made on the platform in which they act as takers.

Bittrex to Go For Maintenance After 1/3 Funds Moved

Users suspects hack, but exchange says "funds are safe"
05 December 2019   62

The Bittrex cryptocurrency exchange has announced scheduled maintenance today, December 5, from 22:00 to 23:00 (GMT). On the eve, a third of its assets were transferred to an unknown wallet.

During maintenance, users will not be able to log into the system or use the APIs. Trading will be suspended.

On December the 4th, populat Twitter account posted that "43,564 #BTC (313,074,134 USD) transferred from Bittrex to unknown wallet." Users suspected that the exchange was hacked, but the exchange . 

Closures for scheduled maintenance only heightened suspicion. However, the Bittrex team assures that "that claim is false."