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Topic: Bitfinex has raised enough funds to reimburse users from last year hack! - page 2. (Read 1181 times)

hero member
Activity: 1148
Merit: 504
That was quick, it is not even a year when it happened and they already recovered the funds that was lost.  I guess there are still those trusting bitfinex and its system even after the breach. I hope they are doing a better job now in protecting their users and investors.
full member
Activity: 239
Merit: 100
What a great moment, well done Bitfinex to keep a promise like that, very rare and suprising.
legendary
Activity: 2590
Merit: 1022
Leading Crypto Sports Betting & Casino Platform
That's a very bad news to the entire bitcoin community when such a big hacking took place and one among the  leading investment portal lossing  big, worth around 70billion  made a big panic on the security concerns. This made the trust fall away and now the repaying the users is something good to gain back the trust and move on successfully.

what??? this is a good news, the exchange is going to reimburse everything bring again trust on crypto, and remove the suggestion that an insider hacked the exchange, like poloniex did with its hack, very nice from bitfinex, i hope they learned their mistake and increased security now
hero member
Activity: 2996
Merit: 609
This is good news for those users who are included on the Bitfinex hack and im sure they didnt expect such news that they would be refunded or reimbursed by the site.They are clearing up the bad reputation in the past hacking incident which means they are serious on their business and do still have concern for those people who are affected on that incident.
sr. member
Activity: 406
Merit: 250
At that time, I still did not know about that event, however, I heard a few people tell, it is a sad thing for the bitfinex head, which shows that they can not guarantee the protection. Secret all the money, and they have to pay the price. It's a terrible amount of money, the hackers are so ugly, they steal money and use it for themselves. It was also a knife that awakened people to the security of bitcoins, and since then, bitcoins have become safer.
legendary
Activity: 1288
Merit: 1087
it certainly beats the gox 'solution' still incredible that they left themselves that wide open.
sr. member
Activity: 378
Merit: 250
even though most users didnt get all their money back I am still very surprised that they even came through.
hero member
Activity: 994
Merit: 544
Bitfinex has announced it has raised enough funds to reimburse all users affected by last year’s hack in a move Erik Voorhees (ShapreShift CEO) called “fucking amazing.”

Bitfinex caused a stir in August 2016 after hackers stole 120,000 Bitcoins, worth at the time around $70 mln.

Source: https://cointelegraph.com/news/bitfinex-recapitalization-is-fcking-amazing-voorhees and https://www.bitfinex.com/posts/198

That is good to hear and finally those victims of the hack can now smile again. Hope there will be no technical problems during the refund so all can claim back their refund. The only question left in my head is this, will they refund the amount of satoshi or btc lost or they will refund as per value of bitcoins. If they will refund only as per value of bitcoin then there is something fishy.
legendary
Activity: 3164
Merit: 1213
That's a very bad news to the entire bitcoin community when such a big hacking took place and one among the  leading investment portal lossing  big, worth around 70billion  made a big panic on the security concerns. This made the trust fall away and now the repaying the users is something good to gain back the trust and move on successfully.
legendary
Activity: 3668
Merit: 6382
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Bitfinex has announced it has raised enough funds to reimburse all users affected by last year’s hack in a move Erik Voorhees (ShapreShift CEO) called “fucking amazing.”

Bitfinex caused a stir in August 2016 after hackers stole 120,000 Bitcoins, worth at the time around $70 mln.

Source: https://cointelegraph.com/news/bitfinex-recapitalization-is-fcking-amazing-voorhees and https://www.bitfinex.com/posts/198

This is impressive indeed. I clearly didn't expect this would happen, or at least not this fast.
Bitfinex will somehow clear its name and will also put Bitcoin in a better light.
staff
Activity: 3500
Merit: 6152
Bitfinex has announced it has raised enough funds to reimburse all users affected by last year’s hack in a move Erik Voorhees (ShapreShift CEO) called “fucking amazing.”

Bitfinex caused a stir in August 2016 after hackers stole 120,000 Bitcoins, worth at the time around $70 mln.

Source: https://cointelegraph.com/news/bitfinex-recapitalization-is-fcking-amazing-voorhees and https://www.bitfinex.com/posts/198
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