Bitfinex Releases Initial Relaunch Plans for Bitcoin Exchange
Bitfinex is planning to slowly re-enable user access following its announcement that it had been hacked and robbed of nearly 120,000 bitcoins earlier this week. In a new message today, the exchange reiterated past statements that it is in the midst of bringing the exchange online, a process that would include allowing users to check balances. Trading, withdrawals and deposits will remain suspended. "The first step is bringing the site online and allowing users to login and view the state of their accounts," the exchange said. Bitfinex closed its trading platform on Tuesday after....
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The Bitfinex hack appears to be forcing the exchange to consider unconventional measures as part of a bid to relaunch after last week's $60m hack. The Hong Kong-based bitcoin exchange announced last night that it is "leaning towards" a scenario that would see it socialize losses among bitcoin users and margin traders with BTC/USD positions. While not "set in stone", the idea that users could potentially share losses equally has nonetheless prompted speculation given the perceived impact the exchange's ultimate closure could have on both the price of bitcoin, and its....
Canadian digital currency exchange CAVIRTEX has announced plans to relaunch a balance deposit feature and establish a new network of branded ATMs. The company revealed the plans in a 1st May message to customers, outlining a number of future services improvements, which include a new trading API and merchant user interface. CoinDesk spoke with CAVIRTEX business development manager Reed Holmes, who framed the choice to relaunch the bill deposit option as a bid to make it easier for people to move their money into the marketplace: "We're very excited to offer this service again. We feel like....
Hong Kong digital currency exchange Bitfinex has taken its trading platform offline following a reported hack that resulted in the theft of customer funds. According to a statement posted on its website, Bitfinex has suspended trading, deposits and withdrawals. Both the number of customers impacted and the exact amount lost in the breach are unclear at this time. Bitfinex said: "We are investigating the breach to determine what happened, but we know that some of our users have had their bitcoins stolen. We are undertaking a review to determine which users have been affected by the....
Prominent Hong Kong-based bitcoin exchange Bitfinex has announced that it has halted all trading on its platform while investigating a breach that has seen customers lose their funds due to theft. Bitcoin exchange Bitfinex has halted all trading on its platform, including all deposits and withdrawals. An announcement on its website has confirmed that Bitfinex users have had their bitcoins stolen, while the exchange investigates the security breach. No figures on the stolen bitcoin or the number of users impacted have been revealed yet. The statement read: We are investigating the breach to....