NEW YORK Hong Kong-based digital currency exchange Bitfinex said Wednesday that after a security breach on its website that it would temporarily disable trading, deposits and withdrawals.
This announcement was made at the site.
Bitfinex also said it was working to restore service limited its trading platform. the company runs one of the largest exchange for trading bitcoin and other digital currencies such as ether, and litecoin.
On Tuesday, announcing Bitfinex discovered a security breach, with about 120,000 Bitcoins, or about $ 70 million, were stolen from customers' accounts.
The company says only Bitcoins were stolen.
Theft at Bitfinex is the second largest theft of bitcoin exchange since Tokyo MtGox loss of US $ 350 million Bitcoins early 2014. MtGox losses eventually forced to file for bankruptcy protection.
"To accommodate the launch, all withdrawals, open orders, and open offers funding will be canceled," said Bitfinex. "In addition, in order to calculate the loss for the parties concerned, the completion of all funded positions will occur on all accounts."
Zane Tackett, director Bitfinex for community and product development, says the social media site Reddit that the company "settled all positions, not liquidate."
He added that the investigation into the theft of bitcoin is still ongoing.
Bitcoin prices dropped significantly in the wake of a security breach on Tuesday. On Tuesday, after Bitfinex confirmed the theft, bitcoin dropped 11 percent. She has recovered, and last traded at $ 566.79 at BitStamp platform.
Keyword : bitfinex, bitfinex hacked, bitfinex exchange, bitfinex security.
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