Bitfinex asks users to share losses of bitcoin theft

Bitfinex asks users to share losses of bitcoin theft

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.

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Source: Security

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