Bitfinex Buys Back Remaining 'Hack Credit' Tokens at Full Value
Digital currency exchange Bitfinex today announced it intends to buy back all of the remaining equity "BFX" tokens used to reimburse investors who lost funds in the exchange’s August 2016 hack. Citing increased equity conversions and strong operating results, Bitfinex reduced its internal reserves to purchase the remaining tokens at their $1 face value and moved […]
Digital currency exchange Bitfinex today announced it intends to buy back all of the remaining equity "BFX" tokens used to reimburse investors who lost funds in the exchange’s August 2016 hack. Citing increased equity conversions and strong operating results, Bitfinex reduced its internal reserves to purchase the remaining tokens at their $1 face value and moved […]
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