Bitcoin Exchange Bitfinex Hacked

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Bitcoin Exchange Bitfinex, based in Hong Kong, was hacked last week, incurring a whopping loss of $65 million. It was shut down last week after 119,756 bitcoins were stolen from users’ accounts.

According to Bitfinex, “after much thought, analysis and consultations” it has decided to spread the loss across all of its users, including those who were not affected by the hacking incident. That means a loss of about 36% of each user’s account.

Bitfinex will replace that part of a user’s account with a BFX token, and the company will keep track of the token and attempt to replace the amount lost in the future.

Although the exchange was back up today, trading, deposits and withdrawals remain suspended.

[View source.]

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