Bitfinex said to look for bank in Puerto Rico

Posted 25 May, 2018

One of the major trading platforms – Bitfinex – seems to get along with banking institutions in Puerto Rico.

With the last-year funds block by Wells Fargo, Bitfinex became a real murky secret in the market as no one can explain how the platform can make transfers actually without the bank. 

“Noble Bank International, based in San Juan, Puerto Rico, took over banking duties for Bitfinex last year,” reported Bloomberg, citing sources familiar with the situation. At the same time, Noble Bank International is an agency bank of Bank of New York Mellon.

Notably, the possible connection of Bitfinex and Puerto Rico-based banking organization was brought up by BitMex back in March. That time,  Noble Bank International was also considered as a banking partner of Tether, a supplier of USDT token.

Moreover, the available data showed that financial institutions in Puerto Rico saw skyrocketing amounts of deposits, which were explained by both increasing Tether issue and the crypto market upturn. As reported local financial regulator, Noble recorded a hike from $191 million to $3.3 billion over the year by December 2017.

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25 May, 2018 16:20

← New Mac cryptominer detected

The security experts from Malwarebytes Corporation have explored new malware for mining Monero at MAC PC. The Apple forums were the first place where the MAC malware was mentioned. Specifically, the users blamed “mshelper” process. At the same time, after the examination, Malwarebytes found that the devices are infected by two more processes at once.

New Mac cryptominer detected

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25 May, 2018 13:22

Yen weakens vs US dollar after North Korean statements →

At the end of the week, the Japanese currency has decreased vs the US dollar after reaching a 2-week peak, driven by the reports from North Korea. The North Korean representatives stated that their leader was still open and ready to settle the conflict with Washington even after the US President had canceled the meeting with Kim Jong-un. 

Yen weakens vs US dollar after North Korean statements
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