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Bitwise, the nasdaq data provider, decided not to refer to Bitfinex prices

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Bitwise voted to remove Bitfinex from the exchange on which its price index is based.

Block pulse has learned that Bitwise, a data provider for the nasdaq research platform, has voted to remove Bitfinex from its price index reference exchange.

Block beat just reported last weekNasdaq continues to invest in cryptocurrency: its research platform adds Bitwise cryptographic index. Bitwise Asset Management is a leading provider of index and test funds for cryptographic assets. The company's services include aggregating and analyzing daily pricing and descriptions of more than 200 different cryptographic assets.

Bitwise officialannouncedThis week, the New York attorney general filed a fraud suit against Bitfinex, causing widespread public opinion and influence. Bitwise believes that the situation currently facing Bitfinex is contrary to Bitwise's rule on "the eligibility of encrypted exchanges to contribute prices to the Bitwise index" : "in accordance with local regulations and not subject to special regulatory or legal action".

After discussion at the Bitwise meeting, it was unanimously agreed to disqualify Bitfinex from contributing prices, effective immediately.


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