Cryptocurrency exchange Ethfinex had rebranded its platform as a separate exchange, called "DeversiFi," The Block reports.
Back in 2018, One of the largest cryptocurrency exchanges, the Hong Kong-based Bitfinex announced the launch of a decentralized trading platform called Ethfinex Trustless.
DeversiFi's crypto team includes veterans from Bitfinex and Ethfinex, the news outlet highlights.
DeversiFi CEO Will Harborne said the new platform is more than a rebrand.
"This is about needing more space to grow," Harborne added.
Earlier Joel M. Cohen, a judge of the Supreme Court of New York, decided to extend the preliminary injunction in the case against crypto exchange Bitfinex and Tether's parent company iFinex.
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