Bitfinex has announced it will resume trading and
withdrawals just over a week after it was robbed of more than $60m in bitcoin.
Trading functionality will be reinstated at 16:00 UTC, the
exchange said in a new update. All listed currency pairs will be brought online
and withdrawals will be enabled for bitcoin, ether, classic ether and USD.
Deposits will also be reactivated.
Bitfinex revealed last week that it lost nearly 120,000 bitcoins, an announcement that sparkedbroad debate in the digital currency ecosystem and
broader mainstream media criticism.
The exchange has said that it is imposing a roughly 36% loss
on user balances as a result of the theft.
As part of its recovery, Bitfinex is issuing a token via the Omni protocol. Trading for the
token will be activated alongside other trading pairs, with markets being
created for USD and BTC. Users in the US will be able to sell their BFX tokens,
but not buy additional tokens.
