#Bitinfo - Exchange customers lose 36% of their money after hack


SUBMITTED BY: cyberlink

DATE: Aug. 8, 2016, 5:03 p.m.

FORMAT: Text only

SIZE: 625 Bytes

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  1. Bitcoin owners targeted by hackers last week may lose about 36% of their money.
  2. Bitfinex, the Hong Kong-based exchange that was hacked, has started to bring its platform back online. It was shut down last week after 119,756 bitcoins, worth more than $65 million based on exchange rates at the time, were stolen from some users' accounts.
  3. Bitfinex said it decided "after much thought, analysis and consultations" to generalize the losses across all users. That means even people who weren't affected by the hack will find that 36% of the value of their accounts will be replaced by a "token" labeled BFX.
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