Hong Kong Bitcoin Exchange Suspends Trading After Discovering Hack

PHOTO CREDIT  antanacoins FLICKR
PHOTO CREDIT antanacoins FLICKR

“We know that some of our users have had their bitcoins stolen.”

Hong Kong-based digital currency exchange Bitfinex said late on Tuesday it has suspended trading on its exchange after it discovered a security breach, according to a company statement on its website.

Bitfinex is one of the largest exchanges for trading digital currencies bitcoin, ether, and litecoin. It has offices in Europe and the United States and is known in the digital currency community for having a platform that has deep liquidity in the U.S. dollar/bitcoin currency pair.

The company said it has also suspended deposits and withdrawals of digital currencies from the exchange.

“We are investigating the breach to determine what happened, but we know that some of our users have had their bitcoins stolen,” the company said.

“We are undertaking a review to determine which users have been affected by the breach. While we conduct this initial investigation and secure our environment, bitfinex.com will be taken down and the maintenance page will be left up.”

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