Bitfinex Issues Hack Repayment Plan Update
Bitfinex has taken new steps to reimburse accountholders who lost funds in an exchange breach earlier this year. In a blog post, the troubled exchange announced two special purpose vehicles (SPV) account holders can now use to exchange digital assets it issued for interest in iFinex Inc, Bitfinex's parent company. The exchange issued the assets, called BFX tokens, to accountholders after suffering a 120,000 BTC ($72m) hack on 2nd August. One SPV, the exchange said, was created in partnership with crowdfunding platform BnkToTheFuture, while another was part of an effort organized by....
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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.....