Bitfinex’s CTO: Bitfinex has raised $1 billion through LEO token in a private sale
Paolo Ardoino, Bitfinex’s chief technology officer tweeted on Monday that Bitfinex has achieved the target in just 10 days, with participation from “giant” firms from both within the cryptocurrency industry and outside. The funds were collected in the form of USDT, the stablecoin operated by the closely-linked firm Tether, according to the tweet.
He further adds:
Why? Because they know we are trustworthy, they recognize what we have been doing (without needing us bragging about it publicly) and they want us keep fighting for the industry whole. Their own words. Thank you everyone for the amazing support we got. We are impressed.
Bitfinex will be aunching a dedicated exchange platform for projects to raise funds via similar initial exchange offerings (IEO) next month.
On July 16, 2025, crypto exchange BigONE confirmed that it was hacked. The attacker stole… Read More
Researchers uncovered coordinated campaign of over 40 malicious Firefox extensions. These add‑ons mimic trusted… Read More
Paris, France – French police arrested several suspects this week tied to disturbing May… Read More
PayPal just announced big plans for its stablecoin. The company wants to bring PayPal USD… Read More
Binance, the world's largest cryptocurrency exchange has announced its plans to delist and pause trading… Read More
LocalMonero, the peer-to-peer exchange platform for the privacy-focused cryptocurrency Monero (XMR), will be shutting down… Read More