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Topic: [2016-08-12] Bitfinex Users Are Cashing Out Their Bitcoin Balances (Read 303 times)

hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
i think the trust of people for market exchange will be down after so many market exchange have been hacked. its happen in everywhere, even its report or not. if market exchange want to fix this, they can start to make evaluate of their website especially in their security and their member account, to make sure that their website is really safe for their member.

member don't want their account being hacked so i think after bitfinex gets hacked, many people or member on there will worried about their bitcoin and they will make movement to withdraw their bitcoin to other market exchange or other wallet that will give more secure.
legendary
Activity: 1596
Merit: 1010
The Bitfinex cold storage for Bitcoin is being drained once again. Not due to another hacking attempt, though, but rather because users are withdrawing their balances in full. So far, nearly 70,000 Bitcoin has been withdrawn from the wallets. Keeping in mind how the company held approximately 124,000 Bitcoin after the hack, it appears as if people are turning their back on the exchange.

http://fintechist.com/bitfinex-users-cashing-bitcoin-balances/
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