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Author Topic: [2016-08-08] coindesk.com-Questions Abound as Bitfinex Issues Digital Assets...  (Read 210 times)
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August 09, 2016, 10:38:16 AM
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Questions Abound as Bitfinex Issues Digital Assets to Customers

Bitfinex has issued its own digital asset in what analysts are labeling an unusual attempt to offset customer losses stemming from a $66m theft last week.

As the market eagerly awaited more details this weekend, Bitfinex announced and subsequently released a new blockchain asset called a BFX token to all customers. The offering, now visible in user accounts, is an attempt by the company to reimburse exchange users for the "generalized loss" of roughly 36% of their funds as an emergency measure to keep the exchange online.

READ MORE >>> http://www.coindesk.com/bitfinex-disperses-unique-token-to-compensate-for-60m-theft/

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