Bitfinex, the digital currency exchange in Hong Kong that reported a bitcoin theft last week, has decided to shave a little over 36 percent from its customers’ accounts and assets to make up for losses from the hack.
“Upon logging into the platform, customers will see that they have experienced a generalized loss percentage of 36.067%,” Bitfinex said in a blog post Saturday. It promised an announcement later on the details of the methodology used to arrive at the losses.
“This is the closest approximation to what would happen in a liquidation context,” Bitfinex wrote. Customers will be issued a token labeled BFX to record their losses, though the exchange is still not clear about how it will compensate them.
To read this article in full or to leave a comment, please click here