Bitfinex Exchange to Resume Bitcoin Trading Today

Bitfinex has announced it will resume trading and withdrawals just over a week after it was robbed of more than $60m in bitcoin.
Trading functionality will be reinstated at 16:00 UTC, the exchange said in a new update. All listed currency pairs will be brought online and withdrawals will be enabled for bitcoin, ether, classic ether and USD. Deposits will also be reactivated.
Bitfinex revealed last week that it lost nearly 120,000 bitcoins, an announcement that sparked broad debate in the digital currency ecosystem and broader mainstream media criticism.
The exchange has said that it is imposing a roughly 36% loss on user balances as a result of the theft.

This post was published at Coin Desk on August 10, 2016.

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