[2016-08-12] newsbtc.com-Bitcoin Withdrawals Peak as Bitfinex Goes Live Again

[Strongkored]

Bitcoin Withdrawals Peak as Bitfinex Goes Live Again

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 incident, it re-opened the platform with limited functionalities for its users. On August 10, 2016, the platform announced the resumption of withdrawals and deposit services for BTC, ETC, ETH and USD assets.

READ MORE >>> http://www.newsbtc.com/2016/08/12/bitcoin-withdrawals-peak-as-bitfinex-goes-live-again/

[1714196431]

1714196431

[1714196431]

1714196431

[1714196431]

1714196431

[1714196431]

1714196431

[Kaneki]

The current challenges faced by Bitfinex is bound to make its recovery an uphill task. Whether the company will survive through the current phase or not has become the million-dollar question.