Bitcoin Withdrawals Peak as Bitfinex Goes Live Again
Bitfinex users start withdrawing their digital currency deposits from the platform after it re-enables the feature following the recent hacking incident. The recent hacking incident faced by Bitfinex has made a huge impact on the digital currency platform. Many customers have started withdrawing their digital currency holdings from the platform since it re-enabled the feature. After coming under attack, Bitfinex announced a loss of about 119,756 bitcoins amounting to about $72 million (according to the bitcoin price at the time of attack). As the company continues to investigate the....
Related News
A representative from Bitfinex has indicated it has generated a new hot wallet on a failsafe machine. It expects deposits and withdrawals will be live soon, after the wallet has successfully synced. Popular bitcoin exchange Bitfinex today urged customers to halt deposits while it investigates a suspected hack. In a statement released this morning, the Hong Kong-based company said the keys to its hot wallet
On August 2, 2016, it has been reported that the major cryptocurrency exchange, Bitfinex, was hacked with some customers losing Bitcoin as a result. Additionally, BitGo has commented on the event. The Breach of Bitfinex. Bitfinex itself confirmed the hack in a press release earlier today, saying they have halted all trading on the platform. Additionally, all deposits to and withdrawals from Bitfinex have been temporarily stopped. The exchange does not have much information about the hack, but the press release confirmed that customers of the exchange have lost Bitcoin following the breach.....
Bitfinex has announced it will resume trading and withdrawals just over a week after it was robbed of more than $60m in bitcoin. Trading functionality will be reinstated at 16:00 UTC, the exchange said in a new update. All listed currency pairs will be brought online and withdrawals will be enabled for bitcoin, ether, classic ether and USD. Deposits will also be reactivated. Bitfinex revealed last week that it lost nearly 120,000 bitcoins, an announcement that sparked broad debate in the digital currency ecosystem and broader mainstream media criticism. The exchange has said that it is....
Bitfinex recently announced that they will begin selling mining contracts. BitFinex is a popular Bitcoin trading platform currently with the fourth-largest 24-hour trade volume out of all the Bitcoin exchanges. The mining contracts went live at 9 AM EDT 9/15/14. You can read Bitfinex's announcement of the contracts on their website. Bitfinex considers the mining contracts to be "live beta", meaning they'll continue to update and improve the product. Bitfinex Cloud Mining. As Bitcoin mining evolves, it's becoming harder for the average joe to compete with the big-time miners. Cloud mining....
Bitfinex gets hacked, the first feature film funded via cryptocurrency is announced, and bitcoin and cannabis seek to join hands. Want to catch up on the latest digital currency news? Take a look below. BITFINEX. The bitcoin price has undergone a massive drop following a cyber-attack on Hong Kong-based bitcoin exchange Bitfinex, which has resulted in nearly $70 million stolen from users’ accounts. Blockchain security company BitGo has released a statement to customers, explaining: “You may have read that Bitfinex announced a security breach, today. We are working with Bitfinex to determine....