Bitfinex Now Lets Exchange Users Denominate Bitcoin In Sats

Bitfinex Now Lets Exchange Users Denominate Bitcoin In Sats

Hong-Kong based Bitfinex has launched a new “SAT Mode” feature on its exchange platform.Hong-Kong based Bitfinex has launched a new “SAT Mode” feature on its exchange platform. The announcement coincides with an expansion of features that enable Bitfinex users to denominate Bitcoin in its smallest unit of account, satoshis. The exchange also introduced “BIT Mode,” enabling clients to value deposits in bits, units of 100 satoshis. “The launch of SAT Mode on Satoshi is fitting for an exchange that is a pioneer in the space that never forgets the ethos from which bitcoin was originally....


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Bitfinex Confirms Stolen Bitcoin, Suspends Trading; Price Crashes

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....